Excellent Investment Opportunity in Midland Beach, Staten Island! Money Maker. 3 legal units: a duplex plus a second house. All updated. FINANCIALS: Package Price is $1,100,000 - 168 and 170 Baden Place Income: $94,800 Yr. Expense: $8,000 Yr. NOI: $86,800 Very High Cap Rate: 8-9% Discover the potential at 170 Baden Place, a unique one-family property featuring two additional detached properties on one lot. This property offers an appealing opportunity for investors seeking rental income or buyers looking to explore its possibilities for multi-generational living. With renovated interiors, Heated hardwood flooring, and updated kitchens and bathrooms, the property offers potential for an income-producing investment in a convenient Staten Island location. Situated near local shopping, transportation, and neighborhood amenities, this is an opportunity to explore the possibilities of owning a multi-family property in Midland Beach. Whether you are an investor expanding your portfolio or a buyer looking for a property with income potential, 168 and/or 70 Baden Place is worth a closer look. Charming Staten Island Opportunity in Midland Beach! Discover the potential of 170 Baden Place, nestled in the Midland Beach neighborhood of Staten Island. This cozy Cape-style home offers a practical layout with two bedrooms and one full bathroom, making it an opportunity for buyers seeking an affordable entry into homeownership or investors looking to add to their portfolio. Conveniently located near neighborhood shopping, public transportation, and local amenities, this property offers the opportunity to make a home your own while enjoying the convenience of a residential Staten Island location. Whether you're a first-time buyer, investor, or looking for your next real estate opportunity, 168 and 170 Baden Place are worth exploring. Bring your vision and discover the possibilities! Call Joseph Albano - 516- 476-9641
Listing courtesy of Listing Agent: Elizabeth A. John (Elizabeth.John@elliman.com) from Listing Office: Douglas Elliman Real Estate.
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