Fully Renovated Property for Sale – 850 Clarkson Ave
This turnkey, property is an exceptional investment opportunity, delivered fully occupied for immediate cash flow.
Residential Units
Total of four modern apartments:
(2) four-bedroom units
(2) two-bedroom units
Each unit equipped with its own dedicated boiler for independent heating
All residential tenants guaranteed by the Section 8 program, ensuring stable, government-backed rental income
Separate utilities for commercial tenants
Investment Highlights
Projected NOI: $257,000
Owner pays only for water and common area electricity
Updated systems throughout: plumbing, electrical, and heating
High rental demand in a rapidly developing neighborhood
Strong Future Growth Potential
The property is located near major developments that will add over 1,000 new residential units within a 2-mile radius by 2026:
329 Clarkson Ave (Clarkson Estates): 328 units under development – Learn more
564 Utica Ave (Utica Crescent): 325 units planned – Learn more
These projects are expected to further boost local demand and long-term value.
Property Features
Utilities
Natural Gas Available
Cable Available
Electricity Available
Electricity Connected
Natural Gas Connected
Phone Available
Phone Connected
Sewer Connected
Underground Utilities
Water Available
Water Connected
House Interior
High Ceilings
High Speed Internet
Kitchen Island
Natural Woodwork
Open Floorplan
Other
Tile Counters
Heating Information
Baseboard
Natural Gas
Other
Cooling Information
Wall/Window Unit(s)
Water Features
Public
Basement
Finished
Listing Courtesy: Real Estate Concept Group Inc - 786-246-1709