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On the Market: Cash Cow in Chelsea

Lots of math in this 15th St. listing (c'mon, stay with us), which is currently set up as an owner-occupied duplex plus 3 floor-thru two-bedroom rentals. Gross income of $133k means the rentals are going for about $3700/mo. Annual expenses (taxes, insurance, heat) listed estimated at $37k. That adds up to an annual income of $96k?if you're not planning on financing any of this operation or spending a dime on maintenance, that is. Which brings us to the most important number: asking $5.4 million.
· Listing: 1860 Five Story Brownstone In Chelsea [Stribling]