About 242 Targee Street
This corner brick 3-family offers a unique feature — the certificate of occupancy includes four garages in the rear yard. While they're no longer standing, the space easily accommodates new garages or ample parking, making it an ideal setup for a contractor or investor with vision.
The property was fully renovated in 2017 from top to bottom, featuring a new roof, three boilers, three hot water heaters, and four electric meters — a true turnkey investment. Inside, the first floor offers a spacious 3-bedroom apartment, while the second floor features a 2-bedroom unit accented by a stylish exposed brick wall along the staircase. The third unit is a 2-bedroom duplex extending to the top floor, providing extra space and flexibility.
With an annual rent roll of approximately 104,000 and low operating expenses (taxes 4,700, insurance 3,700, water 2,400, and maintenance under 5,000), this property delivers strong, consistent returns.
A solid, fully updated investment in a desirable location — ready for its next owner.
