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$475,000
Est. $2,681/mo

237 Fountain Avenue, Brooklyn, NY 11208

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Multi-Family Home In East New York
4 Beds2 Baths1,280 Sqft
S
Listed by Saadiah Fowlkes

Tired of being priced out of Brooklyn? Looking for a home that you can call your own? Are you an investor or developer looking to earn an excellent ROI in one of Brooklyn's largest opportunity zones? Then 237 Fountain Avenue is the place for you! Situated on a 1667 (16.67x100) sq ft lot on a quiet block in burgeoning East New York, 237 Fountain Avenue is a legal two-family attached frame row home. The house is approximately 1280 (16.67x40) sq ft and boasts two residential units. Configured as two over two, they are each approximately 640 sq ft and feature two full sized bedrooms, one full bathroom, as well as a living room, kitchen and junior bedroom/home office. If you'd like, you can occupy one unit and rent the other. The rental income would more than offset the cost of the mortgage. With an unused FAR of 800, it would also be possible to build another unit for additional space or rental income. Have a green thumb? 237 Fountain Avenue features a large backyard, which makes it perfect for gardening, barbecuing or other outdoor activities. Work in the city? 237 Fountain Avenue is ideal for commuters, as it is only a four minute walk to the Euclid Avenue A/C train station. It is also about 10 minutes from the J/Z Norwood Avenue Station. You can be in Midtown Manhattan in about 45 minutes! Are you a frequent business traveler? Then 237 Fountain Avenue would be perfect for you as JFK Airport is only an 11 minute drive. Simply put, 237 Fountain Avenue is a great option for those looking to own their own home in Brooklyn. It is also a great investment opportunity for the savvy investor. All at a price you can afford. Don't hesitate to contact us now to schedule a private tour. Come view this property before it's GONE!

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Home Details
  • Days on Homes.com: 104
  • Beds: 4
  • Baths: 2
  • Property type: Multi Family
  • Exterior finish: --
  • Year built: 1930
  • Lot size: 1667
  • Fireplace: no
  • Neighborhood: City Line
  • Air Conditioning: None
  • Attic: See Remarks
  • Basement: See Remarks
  • Parking: Other/see Remarks
  • Heating: Other/see Remarks, See Remarks
  • Trash Removal: Other/see Remarks
  • Adult Community: N
  • Amenities: Hardwood Floors As Seen
  • Water: Other/see Remarks
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MLS Number4918542
Listed04/03/2019
Listing SourceHudson Gateway Multiple Listing Service
Last Updated07/10/2019
Offered ByCompass
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Pricing Info

$2,681

Estimated
Monthly
Mortgage
Principal & Interest$2,039.92
Insurance$166.25
Taxes$475
PMI$0
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