Property

Ownership: For Sale
Type: Duplex
Bedrooms: 3 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C598,900
($433,825.19)
(€383,725.93)
Annual Taxes:C2,496
505 Park Ave, New York, NY 10022

Description

Attention investors or owners looking for the perfect live-in opportunity with income potential! This move-in ready, solid duplex is located in a prime St. Thomas location and is full of character, showcasing beautiful hardwood floors, rich wood trim, and separate hydro meters for each unit. The front unit is spacious and inviting, featuring a large living room, an eat-in area, and a country-sized kitchen and a winding staircase. Upstairs, you'll find two generous bedrooms and a private deck off the second floor, along with a three-piece bath and a washer-dryer unit conveniently included. Central air ensures year-round comfort. The rear unit offers even more appeal, boasting a large dining room, a functional kitchen with a walk-in pantry and laundry, and a master bedroom complete with vaulted ceilings, heated floors, a two-piece ensuite, and an additional four-piece bathroom. Step outside from the master to a private patio that leads to a beautifully landscaped, fenced yard, complete with a second patio and a shed for extra storage. The exterior of the home is just as impressive, with a large covered front porch, a concrete driveway that can fit approximately six cars, and a stamped concrete walkway. The front unit is currently vacant, giving you the flexibility to handpick your own tenant or rent out both units immediately. Estimated rental income is approximately $1900$2000 per month for the front unit and $1600 $1800 for the rear unit. Alternatively, this home could easily be converted back into a spacious single-family residence if desired. With so much charm, flexibility, and income potential, this property is an incredible opportunity you wont want to miss.

Amenities

  • Landscaped
  • On Demand Water Heater
  • Patio
  • Porch
  • Primary Bedroom - Main Floor
  • Privacy
  • Storage

Attention investors or owners looking for the perfect live in opportunity with income potential !


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.