639,000

Welcome to the iconic Painted Lady Victorian in historic Belvidere! Built in 1888 and beautifully renovated, this distinctive 4-unit property offers 4,238 square feet and an opportunity for investors or owner-occupants. Currently operated as an Airbnb short-term rental, the property offers an established income-producing use. Transitioning to traditional long-term rentals may provide greater occupancy consistency and potentially improve net operating income, depending on regulations and expenses. Three spacious residential apartments each offer private living space, while a versatile first-floor space with its own entrance may present additional residential or commercial/retail possibilities, subject to zoning and approvals. Historic Victorian character shines through high ceilings and distinctive architectural details, complemented by improvements to plumbing, electrical and natural gas systems. Located in the heart of Belvidere with convenient access to Routes 31, 46 and I-80, 16 Greenwich Street combines historic charm, flexible space and multiple potential income strategies. Whether seeking an investment or an owner-occupied residence with rental possibilities, this Painted Lady stands out. Buyer to verify zoning, permitted uses, short- and long-term rental requirements and projected income. Property is offered in its present AS-IS condition; seller will make no repairs or improvements prior to closing. Buyers are encouraged to complete inspections and due diligence.