ID # | 11402002 |
Details | 8 bed, 3 bath, Lot Size: 0.08 acres, Interior: 2727 ft2, 253m2 Listing Age: 5 days |
Broker Website | |
Bus | 2 min to Q22, Q52 |
5 min to QM17 | |
9 min to Q53, QM16 | |
Subway | 3 min to A, S |
LIRR | 3.5 miles to "Far Rockaway" |
3.9 miles to "Inwood" | |
LIVE. OWN. COLLECT. This stunning VACANT 3 FAMILY presents a unique investment opportunity. Enjoy luxury living in the Owner's Duplex spanning nearly 2,000 square feet, complete with an oversized side yard, parking for 3 cars, and the potential for significant rental income. This savvy investment allows you to offset your mortgage while building wealth. The Owner's Duplex Features: Three bedrooms, custom European cabinets, sleek countertops, tiled porcelain flooring, a paneled refrigerator, 6-burner gas range, dishwasher, microwave, a massive lower level with washer/dryer, a new roof and energy efficient new windows. Above the owner's duplex are two (2) beautifully renovated apartments, projected to generate (conservatively) $6,200+ in monthly rental income. Alternatively, this property offers tremendous upside for investors to capitalize on a projected 8.25% CAP RATE by renting all units and parking spaces. Tenants pay separate utilities. 3 Boilers and 3 Hot Water Heaters. There is a separate entrance to the basement. Don't miss this rare opportunity to own a magnificent multi-family with a lucrative investment opportunity.