*Please note that the discrepancy between the Owner asking price and the estimate is due to the fact the algorithm cannot compare a single-family home with negative cash flow against a 3-unit income property with a $3K plus cash flow monthly.
This 2 and ½ story with finished basement 1906 Victorian home features a total of 6 bedrooms, 3 kitchens, 3 bathrooms, a sunporch, an upper porch deck with decorative railings, 1 walk in pantry, a butler?s pantry,1 informal dining room, a formal dining room on three restored floors. The open span full huge length of the house 15? high at the peak attic is ready to be turned into a 4th floor of your choice including but not limited to a Master Suite. All original woodwork, stained and leaded glass and tilework. 9?8? ceilings on the Main, full 9? ceilings on the 2nd story and 7? 8? ceilings in the basement. Beautiful landscaping including a private rear Secret Garden with a professional glass and fiberglass 10? X 12? greenhouse complete with winter heaters, an array of new and vintage garden furniture, a built from found art outdoor summer shower, BBQ, Fire Pit, wrought iron patio table and chairs, and magical night lighting. All the mechanical, electrical (2008), roof w/40 yr. Architectural Shingles (2015), accessible plumbing and sewer lines (2008), Water Heaters (2010), Boiler retrofitted with all up to date shut offs and safety valves (2008) Boiler new circulating pump (2013) have been redone or repaired by the current owners. Hard Line CAT 5E wired to each floor for highest speed Xfinity Internet available (Google Fiber is currently not available in the Avenues), tenants can set up their own network or use existing Wireless
Wi Fi, which also services the gardens. There is 4500 square feet of finished flats on three floors not counting the ready to renovate 1400 Sq. foot attic on a .15-acre lot. The house, with official Duplex status and a basement ADU unit, has been run as an AIR BNB and or rented as vintage corporate housing with up to 3 flats for the past ten years. All the flats have 2 BR, 1 Bath, Kitchen, Office or Den and more. Every floor is completely staged by the Owner, a retired theatrical and Festival designer and producer. The house is furnished with vintage, artsy found items, thrift store finds, theatrical props, antiques and collectibles. Everything is here to continue the business, including, all furniture, beds, art, Knick knacks, desks, lighting, filing cabinets, linens, towels, kitchen appliances, dishes, cutlery, vacuum cleaners, and so much more. There is a one car garage/carriage house that is currently used for storage with off street private parking for up to 5 cars off the alley behind the house. Current owner can review all the renovations he had contracted for the new owners, as well as a detailed P and L for the rental income. Current rents, which are under market value and up for a year end review, are as follows, 2nd Story $1650 tenant pays for electric on separate meter, first floor $1750 includes all utilities and basement which owners currently lives in but rents for $1450 including all utilities.
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