Property

Ownership: For Sale
Type: Duplex
Bedrooms: 9 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C1,299,900
($939,307.74)
(€824,778.94)
Annual Taxes:C7,229
505 Park Ave, New York, NY 10022

Description

TURNKEY INVESTMENT OPPORTUNITY IN PRIME DOWNTOWN LOCATION! This newer built detached duplex is a perfect, low-maintenance addition to any investment portfolio. With a total of 9 bedrooms, this property features a 5-bedroom, 2-bath unit and a 4-bedroom, 2-bath unit. Located in a high-demand rental area, it's just minutes from Queens University, Princess Street, hospitals, and the Memorial Centre, ensuring a steady stream of tenants year after year.Built with top-tier construction, the home boasts an ICF foundation for superior energy efficiency and durability, 45-year asphalt shingles, and sleek black windows, soffits, and eavestroughs that add a modern touch. Each unit comes with in-suite laundry for tenant convenience, and with separate meters for water, gas, and electricity, tenants cover all utilities maximizing your bottom line.With rear parking for 2-3 cars and its unbeatable downtown location, this property is a cash-flowing, hassle-free investment in one of the most sought-after rental markets. Opportunities like this don't last long call today before it's gone!

Amenities

  • Deck
  • ERV/HRV
  • On Demand Water Heater
  • Porch
  • Primary Bedroom - Main Floor
  • Year Round Living

TURNKEY INVESTMENT OPPORTUNITY IN PRIME DOWNTOWN LOCATION !


    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.