Property

Ownership: For Sale
Type: Duplex
Bedrooms: 2 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C524,900
($379,082.78)
(€332,773.96)
Annual Taxes:C2,324
505 Park Ave, New York, NY 10022

Description

Great brick duplex in good area of town with market-value rents. Both units are currently rented. Upper unit is rented for $1281.25 + 40% of the total utilities (Hydro, Gas, Water). Lower unit, which includes the back deck and basement, is currently rented for $1600 including Hydro, Gas & Water. Both units included Stove, Fridge, Washer and Dryer. Building has been well maintained and is in great condition. New metal roof 2019. Furnace 2011. As well, the lower unit has a newer kitchen, newer shower and vanity in the bath room, a newer closet in the bedroom, newer entrance door and newer washer and dryer. The upper unit has a newer entrance door, newer washer and dryer, and a newer range hood. The property has a large yard with storage shed and a double-wide driveway. Great investment property! Affordable 1st time investment opportunity - you live in one unit and let the other help pay your mortgage! Hydro Costs $855 (2024). Gas Costs $1085 (2024). Water/Sewage Costs $1500 (2024).

Amenities

  • Deck
  • Privacy

Great brick duplex in good area of town with market value rents.


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.