Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C819,000
($592,947.81)
(€523,389.36)
Annual Taxes:C4,513.80
505 Park Ave, New York, NY 10022

Description

Legal Triplex or Three Family Dwelling as per City Zoning Verification. Amazing Opportunity for Savvy Investor or Homeowner looking to house-hack. Stunning fully turnkey renovated investment property featuring 3 units with separate hydro meters, separate laundry in each unit & detached 2-storey garage with vehicle access from laneway. Fully vacant to set your own rents with potential income of $5,700/month and Priced above 6% Cap Rate. Projected Rents as follows APT1: main floor 1 BR with full basement $1850, APT2: the second floor 2BR $1750, APT3: third floor 1BR loft $1700, 2-Storey Garage $400. Financials Available.

Amenities

  • Separate Hydro Meter

Legal Triplex or Three Family Dwelling as per City Zoning Verification.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.