Note: the above is based on a down payment of 20% ($357,000),
which is the minimum amount permitted by the building.
Description
Back On Market, 5% CAP! Introducing 589 Putnam Avenue; This 4-story, 3-family brownstone is a perfect turn-key investment opportunity. with the opportunity to earn over $100,000 in rental income annually. Renovated and never been lived in, 589 Putnam Avenue provides the versatility for both end-users and investors alike.
Featuring an owner's duplex with 3 bedrooms, 2.5 bathrooms, a zen garden & laundry to boot, the main residence provides the potential to live in one of the units while allowing two rentals to cover over half of your monthly payments. The garden residence is an over-sized, full-floor one bedroom with garden access and laundry in-unit. The top floor is a sun-splashed two bedroom with kitchenette, exposed brick and laundry in-unit.
Each floor is detailed with 5'' walnut oak flooring, charming exposed brick detail, Quartz countertops and Frigidaire appliances. Each residence is equipped with their own HVAC and central air control. 589 Putnam Avenue makes for a savvy, turn-key investment opportunity on one of the prettiest tree-lined streets in vibrant Bedford-Stuyvesant.
Conveniently located around a plethora of neighborhood amenities such as; Saraghina's, Beso, Peaches, Casablanca and several subway lines (C, A, J).. Here is your chance to own in one of the hottest areas in Northern Brooklyn.
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