Property Description

Welcome to 290 Crown Street! When history and elegance are on your real estate wish list, this beautifully restored, Victorian home (circa 1877). offers plenty to the right homeowner or investor. With tremendous curb appeal, an attached 2-car garage, private backyard, view of the ocean/causeway and provides many opportunities. Featuring on exquisite main kitchen and entertaining area and 7 working fireplaces, this property is ideal for owner occupancy/in-family living and boasts approx. 5000 square feet of living space. This home has a stunning entry way, has a large sundeck, tall ceilings, has plenty of charm and character throughout and is a must-see for anyone looking for a grand property. With a possible 5 incomes (3 bedroom-$2,500, 2-2 bedroom - $1,300 and $1,400, 1-bedroom - $1,400 and a bachelor - $650), this property has an approx. total rental income of - $87,000. Approx. expenses are: Insurance - $3,120, Heat - $6,384, other - $3,936, water/sewer - $6,173, electricity - $12,782 and taxes - $11,048. Approx. total expenses - $43,443 and approximate net income - $43,557. *Note* - Some furnishings are able to remain (id:7434)