Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C549,900
($404,308.48)
(€343,291.79)
Annual Taxes:C4,225
505 Park Ave, New York, NY 10022

Description

Discover a rare gem in a sought-after family-friendly neighborhood with this well-maintained triplex, perfect for investors or owner-occupiers. This versatile property features a spacious 3-bedroom, 2-storey unit (~1,600 sq ft) rented month-to-month for $1,839/month, a 2-bedroom main-floor unit leased until April 2026 at $1,495/month, and a 1-bedroom upper unit with a long-term tenant at $684/month, generating a robust gross annual income of $48,216. With low operating costsowner pays only water, while units are separately metered for hydro and gasthis triplex offers strong, stable returns or the opportunity to live in a handsome residence while rental income offsets your mortgage. Dont miss this chance to own a turnkey investment in a prime location! 2 water heaters owned, 1 is rented.

Amenities

  • Water Heater

Discover a rare gem in a sought after family friendly neighborhood with this well maintained triplex, perfect for investors or owner occupiers.


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.