567 W 184th Street

Description

Welcome to 567 W. 184th Street, a charming 25-foot wide 5-unit gem in the heart of bustling Washington Heights. With spacious, equally-sized units, this property presents a unique and affordable opportunity to enter the Manhattan multifamily market and build generational wealth. Built in 1920, this classic, well-maintained home represents the blank canvas of your imagination, awaiting your personal touch! With one vacant unit, ready for immediate renovation, and four occupied, rent-regulated units, 567 W. 184th affords a savvy purchaser the rare opportunity to create a custom home while also benefiting from a reliable, in-place revenue stream to offset monthly operating costs. Because the lot is significantly under-built (current zoning code allows for a building nearly twice its current size), a future owner may also consider expanding the current building or even building a brand new one. Rent roll and expenses available upon request.