Hey, the present income is $5,800.00. The owner pays Taxes and cold water "ONLY". Your future income will likely be much higher. It is ideal for investors or future "End Users". APPROX. 5.5 CAP RATE! Arguably Best "Legal" Two Family in its price point...Entry level 1st fl. Apt. HUGE approx. 1250 sq. ft. All Very Large rooms! LR, FDR, HUGE E.I.Kit, MBR w. en suite bath, two other bedrooms, and a full bath. The 2nd floor is "out of control Large." The basement is finished with approx. 8' ceiling height! A w-i-d-e side staircase exterior entrance, separate zone baseboard heat. It's ideal for investment... Straight Investor,1031 Exchange, etc... The location provides Easy Bus transportation, Blocks to "The New POST Ave LIRR Station! Approx. 41 minutes to Penn or Grand Central Station, the ability to stroll to diverse shopping, stores, and restaurants. And so much more...
Hey, the present income is $5,800.00. The owner pays Taxes and cold water "ONLY". Your future income will likely be much higher. It is ideal for investors or future "End Users". APPROX. 5.5 CAP RATE! Arguably Best "Legal" Two Family in its price point...Entry level 1st fl. Apt. HUGE approx. 1250 sq. ft. All Very Large rooms! LR, FDR, HUGE E.I.Kit, MBR w. en suite bath, two other bedrooms, and a full bath. The 2nd floor is "out of control Large." The basement is finished with approx. 8' ceiling height! A w-i-d-e side staircase exterior entrance, separate zone baseboard heat. It's ideal for investment... Straight Investor,1031 Exchange, etc... The location provides Easy Bus transportation, Blocks to "The New POST Ave LIRR Station! Approx. 41 minutes to Penn or Grand Central Station, the ability to stroll to diverse shopping, stores, and restaurants. And so much more...
Listing Courtesy of Tapestry Real Estate of Queens