Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C475,000
($340,389.75)
(€304,487.62)
Annual Taxes:C3,666.24
505 Park Ave, New York, NY 10022

Description

All brick legal duplex with amazing income potential in the highly desirable Kings court area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage and parking pad in the front for 2 cars. Current income $43k+, potential income $55k+ with positive cash flow - $60k+ as a student rental! Property needs work but a great investment opportunity with excellent value add potential!

Amenities

  • Separate Hydro Meter
  • Water Heater

All brick legal duplex with amazing income potential in the highly desirable Kings court area.


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.