What better way to offset the new potential tax regulations than with your own income producing 3-family home in the heart of Harlem? Perfect for the live-in owner collecting rent, this townhouse is an ideal investment and/or family abode.
A glance into the owner's duplex reveals a beautifully renovated chef's kitchen, warm and welcoming living space with an oversized bay window, two humongous bedrooms, two and a half top-of-the-line baths, and an office (or third bedroom) with a wrap-around deck and fully outfitted patio garden for year-round entertaining.
Moving upstairs to the second floor rental unit, you'll find a large, bright one bed, one bathroom apartment with hardwood floors, a large kitchen and another beautiful bay window currently collecting $2,675 a month.
The third floor rental unit is an equally huge and bright one bed, one bath apartment with an office alcove and a private roof deck, currently collecting $2,625 a month.
For investors who will not be living there; the current selling price will produce a 3% cap rate but potential for more!
THE HOUDINI HOUSE FOR SALE. YOU CAN OWN A PIECE OF HISTORY. LOCATION, LOCATION, LOCATION. LEGAL THREE FAMILY FOR SALE. PLEASE NOTE NOT AN SRO.FIRIST TIME ON THE MARKET SINCE 1991. THE HOUDINI LIVED AT THIS HOUSE UNTIL 1926.THIS HOUSE WAS REFURBISHED BY THE NEW OWNER AND WAS CONVERTED INTO A THREE...
Listing ID 2789361
Listing Agent: Luis D Ortiz
Courtesy of: Douglas Elliman 575 Madison Ave
Office Phone: 212.891.7000
Updated: 21st January, 2018 7:03 AM.
154 West 120th St New York, NY