Open House
Investment Property – 4 Family Income Producer
1654 Sterling Place – Crown Heights
Sunday September 25, 2011
1:00 pm to 3:00 pm
$549,000
4 Bedroom Money Producer - $48,000 income a year!
Spacious Living Room with Original Moldings!
Well Maintained Apartments.
All Plumbing and Electrical has been Upgraded!
Common areas all recently updated.
Income:
Current rent roll – $3571.00 – per month
4 Parking Spaces in Rear – $400 – per month
Total Income: $3,971.00
Expenses:
Heat (Gas): $900.00 – per month
Water: $350.00 every – per month
Electric: $40.00 – per month
Maintenance: $150 – per month
Taxes: $7724.67 – annually
Other: $1,631.30 (property insurance)
Total Expenses – $2,182.22 – per month
Recent capital expenditures – new roof and boiler.
This property needs to be seen to be appreciated! Own a piece of Brooklyn with plenty of upside potential.




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