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Web ID # RLS20019228
Listed: 04/20/2025
Days on Market: 22 days
3,200 ft2 Approx. $938 per ft2 3 Beds 3 Baths
Listing Courtesy of LEXINGTON PROPERTIES LLC
Matthew Westfall
Description
Currently configured with a ground-floor commercial space and three residential floors above, the building is already income-generating. The well-established restaurant on the ground floor is leased at $6,000/month, and the spacious one-bedroom apartment on the second floor can easily rent for $3,000/month. Thats $9,000/month in passive income from day one.
All three residential floors are vacant and ready to reconfigure to your dreams. Renovate the third and fourth floors into a stunning duplex penthouse with a private roof deck and command $8,000/month in rent or take all three floors for a marvelous live/work family residence. Live your ideal lifestyle in a charming building in a great neighborhood and let the restaurant and second-floor tenant cover nearly $9,000 of your monthly expenses with potential to take over the second floor apartment as your family grows.
With low maintenance costs and tremendous upside, 225 S. 1st Street is a truly smart, and more practical choice. Youre not just buying space youre investing in your future. Whether you live in the one-bedroom and collect $14,000/month, or occupy the upper floors and collect $9,000/month, or use all three residential floors and get $6000/month from the restaurant, this property gives you flexibility, security, and serious return.
This is your chance to own a piece of Williamsburg with real income, real upside, and real value. Schedule a viewing today and see what smart investing really looks like.
Highlights
- Central Air
Building Information
- Building Type: Townhouse
- Year Built: 1935
Closing Costs
Map
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