197 Nichols Avenue
Brooklyn,
NY
11208
- For Sale
- 5 Bedrooms
- 3 Full Baths
- Year Built 1899
- Multi Family
- ML# 923274
Property Details
Overview
Discover a distinguished investment opportunity in this meticulously curated three-family brick townhouse, a property that masterfully blends sophisticated urban living with exceptional financial performance. Fully vacant for immediate possession, this asset allows the new owner to set market-rate rents from day one. Situated on a massive and rare 20x150 lot—offering 50% more land than standard properties—it promises both a premium lifestyle and outstanding, immediate yield.The elegant layout begins with a spacious three-bedroom home featuring a charming back porch that opens to an exceptionally large, private yard, creating a seamless indoor-outdoor oasis. The second floor hosts two sun-drenched one-bedroom residences, each illuminated by architecturally significant skylights and featuring updated kitchens and refinished hardwood floors. Adding tremendous value is the fully finished, multi-access basement—a versatile space with a private entrance, perfect for additional income potential* or as an entertainer’s paradise.Combining turnkey updates, a prime transit-centric location just blocks from the J/Z lines, and the unparalleled luxury of expansive outdoor space, this is a rare, vacant investment poised for maximum returns.For a private, exclusive viewing, contact us today.
Key Facts
- •Lot Sq Ft: 2925
- •Taxes: $6,850
- •School District: Academy For Young Writers
•Block: 4135
- •Lot: 22
- •Construction Materials: Brick
- •Interior Features:
High Ceilings
- •Parking Facilities: None
- •Wood Floors: Yes
- •Bedroom: 5
- •Full Bath: 3
- •Heat: Hot Water, Natural Gas
- •A/C: None
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Keller Williams Landmark II
347-846-1200
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS