420 E 117th Street Active Save Request In-Person Tour Request Virtual Tour
Manhattan,NY 10035
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,404 sqft
Price per Sqft $528
Subdivision East Harlem
MLS Listing ID RLS20027784
Style Walk-Up
Bedrooms 8
Year Built 1890
Annual Tax Amount $32,004
Property Sub-Type Multi Family
Property Description
This exceptional four-story townhouse in Manhattan offers an outstanding investment opportunity for those seeking a steady, profitable rental income. Comprising four two-bedroom units, this property is priced attractively and is FHA eligible, providing potential buyers with the advantage of a low down payment and reduced closing costs.
Each apartment is fully self-contained with its own boiler, electric meter, and gas meter, allowing tenants to cover their utility costs independently. Additionally, a laundry room in the cellar adds extra convenience for tenants and presents a possible income stream for the owner.
Located in a highly sought-after neighborhood, this property is surrounded by a vibrant art and culinary scene, offering countless entertainment and dining options. It's also just a short walk from major shopping hubs like East River Plaza, which features popular retailers such as Target, Planet Fitness, Aldi, and Costco.
The recent rezoning and growing investment in the area further enhance this townhouse's appeal. With well-maintained units, updated appliances, regular boiler maintenance, and updated hot water heaters, this property stands out as a rare find in a rapidly developing neighborhood.
Don't miss the opportunity to invest in this lucrative and well-positioned property. Contact us today to arrange a viewing!
Location
State NY
County New York
Interior
Flooring Hardwood
Laundry See Remarks
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft,Private Yard
View Y/N No
Building
Dwelling Type Quadruplex,Townhouse
Story 3
New Construction No
Others
Monthly Total Fees $2,667
Pets Allowed Building No,No