345 Franklin Avenue , *

Description

Live and invest in one of Brooklyn's hottest neighborhoods! Trying to make sense of this wild real estate market? 345 Franklin Avenue might be the solution. This 21' wide three-family home comprises four stories plus a full basement in move-in ready condition. Live in one unit and rent the other two to make your monthlies manageable, or bring your architect to envision how to update this historic building. Use the 1,760sf available FAR to make this the home of your dreams. Located at the border of Bed Stuy and Clinton Hill, you'll be close to fantastic restaurants, shops, Pratt and transit. Originally a storefront with apartments above, this home was completely rebuilt in 2005, adding new wood floors, a steel interior stair, skylight, and all new mechanicals. The 1600sf owner's duplex features high ceilings, hardwood floors, great storage, three bedrooms, two full baths, and a full-sized vented washer/dryer. The huge eat-in kitchen and dining room open to the back yard. Offset your mortgage with the rental units, each featuring a massive bedroom that could be converted to two. The gas and electric are separately metered, and the property has a solid rental history. If you're looking for period detail, this may not be the home for you. But if you're considering becoming a landlord and you want a rock solid investment, come see 345 Franklin Avenue. Photos are of the fourth floor apartment - more pics to come. Don't miss this one!