Meticulously maintained C2 class three story walk up located in the heart of Elmhurst, Queens, offering an exceptional opportunity for investors seeking stable income in a high demand rental market.
New York, NY 11373
Listing
| Web ID: | 5203477 |
|---|---|
| Website: | https://www.nestseekers.com/5203477 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 5 BR |
| Bathrooms: | 3 |
| Lot Size: | 0.1 Acres |
Financials
Price:$939,900
Annual Taxes:$14,261.28
Description
Meticulously maintained C2-class three-story walk-up located in the heart of Elmhurst, Queens, offering an exceptional opportunity for investors seeking stable income in a high-demand rental market. The building measures 20’ x 42’ on a 25’ x 100’ lot and is semi-attached.
This property will be sold together with an adjacent, identical building, which is separately listed, creating a rare chance to acquire a side-by-side portfolio in a premier location.
The building features a relatively new roof, new boiler, and new hot water heater, reflecting ongoing ownership care and minimizing near-term capital expenditures. The unfinished basement is clean, dry, and unoccupied, offering flexibility for storage or future use.
All apartments are well-kept, easily accessible, and occupied by long-term, reliable tenants, supported by an excellent rent roll. The property has been exceptionally well maintained throughout.
Ideally situated just moments from Roosevelt Avenue with access to the 7 train, and surrounded by multiple local bus lines along Broadway and Corona Avenue. Close to shopping, dining, schools, and all neighborhood conveniences.
Strong location. Strong income. Turnkey condition.
This opportunity will not last.
Amenities
- Back Yard
- Borders State Land
- Building Security
- City
- Double Pane Windows
- Eat-in Kitchen
- Electricity Available
- Natural Gas Available
- Open Floorplan
- Sewer Available
- Smoke Detectors
- Trash Collection Public
- Video Cameras
- Water Available
Contact
Listing Courtesy of Douglas Elliman Real Estate