197 S Leonard Street

Rarely available 16 unit multifamily in Brooklyn neighborhood for sale. This is a single four-story brick building with a unit mix of studios and 1 beds - 100% occupied. There are a bunch of renovated apartments (with a variety of new flooring, kitchen cabinets, counters and sinks, bathroom vanities toilets and tile + lighting fixtures throughout) and the building hallways have been recently updated with newer flooring and paint. Rents are way below market = giving new buyer the opportunity to add value. The utilities are separate and tenant paid - gas heat & HW. The building has a central fire system with monitoring. There is a five-bay garage in back for additional income or storage potential. Great location for tenants with easy highway access and close to downtown amenities. DO NOT WALK THE PROPERTY W/OUT AN APPT.