MLS # | 837142 |
Details | 3 fam, 9 bed, 6 bath, garage, AC, Lot Size: 0.06 acres, 3 Units in the building (DOM): 5 days |
Construction Year | 1930 |
Taxes (per year) | $9,703 |
Air Conditioning | Wall Unit AC |
Bus | 2 min: Q48 |
3 min: Q23 | |
4 min: Q66 | |
7 min: Q19 | |
Subway | 7 min: 7 |
LIRR | 1 miles: "Mets-Willets Point" |
1.6 miles: "Flushing Main Street" | |
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Attention investors! This well-maintained, semi-detached 3-family property in the vibrant neighborhood of Corona offers a turnkey investment opportunity with no vacancy downtime. Completely renovated in 2016, this solid building features two stories plus a finished basement with a private entrance. With a detached 2-car garage at the rear, this property has the potential for even more rental income or added convenience for tenants.
The layout includes:
- First Floor: Spacious 5-bedroom, 2.5-bathroom unit perfect for larger households.
- Second Floor: Two separate units, both offering comfortable living spaces with natural light flooding in through the windows of every room, thanks to the semi-detached design.
- Finished Basement with separate entrance, offering potential for additional use or storage.
The building is fully equipped with separate utilities, including 4 electric meters, 4 gas meters, and 4 boilers, allowing tenants to cover their own utilities. This setup ensures low overhead for the landlord, making it a highly efficient, hassle-free investment. All units are occupied with reliable tenants on month-to-month leases, providing immediate cash flow with zero vacancy downtime.
Conveniently located near public transportation, popular dining spots, and a wide range of retail stores, this property offers unmatched convenience for tenants and is in a high-demand rental area. With a solid 6% cap rate, this is an ideal property to add to your investment portfolio, providing both strong returns and long-term value. © 2024 OneKey™ MLS, LLC