Single Family House for Sale in Queens Village, Queens, NY 11429 | Web ID: PH558587 | $600,000

 
Property Description

Welcome to a unique and compelling property opportunity at 218-20 112th ave, queens village, queens, ny. This is a remarkable short sale listing that comes with the potential for a significant value proposition. As a short sale it will require bank approval. Property highlights property type: two-family house (currently configured as a single family) short sale opportunity (bank approval required) cash deals preferred, financing also acceptable 4 bedrooms 2 full bathrooms full bathroom in finished basement kitchen space on both floors renovation potential for a studio or 1-bedroom apartment on the first floor kitchen pipes still in place on the second floor for easy reconversion description: the 218-20 112th ave residence offers a truly unique investment opportunity. This two-family house, currently configured as a single-family home, can be tailored to meet your specific needs or serve as a lucrative real estate investment. However, please note that this sale is a short sale, and the final transaction is contingent on the approval of the lending institution. The main floor features a full bathroom and a kitchen space that can be easily transformed into a studio or a 1-bedroom apartment. This adaptable space is perfect for extended family living or generating rental income. Upstairs, you'll find four spacious bedrooms and a full bathroom. Although the kitchen space has been converted into an extra bedroom, the kitchen's plumbing is still intact, simplifying the process if you wish to restore it. The finished basement is a versatile space with a full bathroom, adding even more value and potential to this property.

Property Information
Location/Town Queens Village
Area/County Queens
Short Sale Yes
Prop. Type Single Family House for Sale
Tax $5,938.00
Bedrooms 4
Total Baths 2
Full Baths 2
Year Built 1920
Basement Finished
Total Units 2
Lot SqFt 1,999
Cooling Window Unit(s)
Heat Source Natural Gas, Hot Wat
Parking Features Driveway
Tax Assessed Value 44160
Units 2
School District Queens 24
Middle School Call Listing Agent
Elementary School Call Listing Agent
High School Call Listing Agent
Listing information courtesy of: Scope Realty Bx
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