ID # | RLS20014682 |
Details | 11 bed, 6 bath, 6 Units in the building, Building has 4 floors (DOM): 4 days |
Construction Year | 2006 |
Taxes (per year) | $1,092 |
Bus | 3 min: Q48, Q66 |
6 min: Q23 | |
7 min: Q19 | |
Subway | 6 min: 7 |
LIRR | 0.8 miles: "Mets-Willets Point" |
1.4 miles: "Flushing Main Street" | |
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Elmhurst Investment Opportunity - 6.5 Cap Rate!
Built in 2008, this well-maintained 4-story, 6-unit multifamily building with 1 commercial space offers a high-yield 6.5 cap rate in the heart of Elmhurst, Queens. Spanning 4,880 SF, the building sits on a 20 ft x 100 ft lot and benefits from a 421a tax abatement.
Mix of 1-2-3 bedrooms, fully occupied, the property features separately metered electric and gas.. The heating system is also separately metered, ensuring low operating costs. Strong rental income, and a prime location make this an exceptional turn-key investment opportunity.
Don''''t miss out on this rare find- contact us today!
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