197 Nichols AVE Open House Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11208
OPEN HOUSE
Sat Oct 18, 1:00pm - 3:00pm Sun Oct 19, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 923274
Bedrooms 5
Full Baths 3
Rental Info No
Year Built 1899
Annual Tax Amount $6,850
Lot Dimensions 19.5x150
Property Sub-Type Triplex
Source onekey2
Property Description
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.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished,Full
Interior
Interior Features High Ceilings
Heating Hot Water,Natural Gas
Cooling None
Flooring Hardwood
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Connected,Natural Gas Connected
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Middle Schools Academy For Young Writers
High Schools Brooklyn 19
School District Brooklyn 19
Others
Senior Community No
Special Listing Condition None