Four Family House for Sale in Jamaica, Queens, NY 11418 | Web ID: PH531677 | $1,349,000

 
Property Description

Investor's dream: welcome to a lucrative investment opportunity at the border of richmond hill & kew gardens. Here you have a four-family free market brick building that promises not just comfortable living but also impressive returns on your investment. This property is a savvy investor's dream come true, with three spacious 2-bedroom, 1-bathroom apartments and one large 1-bedroom, 1-bathroom apartment. Inside each of the 2-bedroom apartments, discover spacious living areas perfect for urban dwellers. The bedrooms are generously sized, and the well-appointed bathrooms ensure tenant satisfaction. The 1-bedroom unit offers a comfortable retreat for singles or couples, maximizing comfort and practicality. An outstanding feature of this property is the enormous unfinished basement, presenting a wealth of possibilities. From creating additional storage spaces for tenants to establishing communal amenities that enhance the property's appeal, the basement opens the door to increased value and rental potential. Location is the cornerstone of this investment gem. Situated just a 4-minute walk away from the j/z lines at the 121st street station, your future tenants will enjoy a seamless commute into the city and beyond. Public transportation becomes a selling point, making your property incredibly attractive to potential tenants. Furthermore, your investment is strategically positioned near supermarkets and a cvs pharmacy, simplifying everyday living for your tenants. Groceries and essentials are within easy reach, making this property not just a place to live but a convenient lifestyle choice. This brick building is more than just a structure; it's a gateway to smart investment opportunities. With its prime location, multiple living spaces, and potential for value appreciation, this property stands as a testament to the foresight of its investor. Don't miss the chance to add this gem to your portfolio. Seize the opportunity now and watch your investment flourish. Built: 1931 lot: 22x100 gross sq ft: 3964 zoning: r5 taxes: $12, 967 yearly expenses: $22, 087

Property Information
Location/Town Jamaica
Area/County Queens
Prop. Type Four Family House for Sale
Style Other
Tax $12,967.00
Bedrooms 7
Total Rooms 15
Total Baths 4
Full Baths 4
Year Built 1931
Basement Unfinished
Construction Brick
Total Units 4
Lot Size 22x100
Lot SqFt 2,200
Cooling None
Heat Source Natural Gas, Baseboa
Community Features Park, Near Public Transportation
Lot Features Near Public Transit
Parking Features On Street
Tax Lot 29
Units 4
School District Queens 28
Middle School Jhs 217 Robert A Van Wyck
Elementary School Ps 54 Hillside
High School Young Women's Leadership Schoo
Listing information courtesy of: New York Realty Minimax Inc
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