Rare investment opportunity in the heart of College Point !


Property

Website: https://www.nestseekers.com/5244219
Address:
New York, NY 11356
Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 6
Lot Size: 0.1 Acres

Financials

Price:$1,025,000
Annual Taxes:$18,017

Description

"Rare investment opportunity in the heart of College Point! This massive, completely detached three-story multi-unit building sits on an expansive 5,000 sq. ft. lot, offering a scale and footprint that is hard to find. Featuring 24 rooms, 6 kitchens, and 6 bathrooms, plus a full basement, the potential for high-yield rental income is unmatched. ***Currently 4 units vacant; 5 will be vacant by closing. Only one unit remains occupied. *** The property is currently configured with three vacant units, while the others remain occupied—providing immediate cash flow while you renovate the rest. Please note: This home is looking for a buyer with a vision. It requires a significant amount of love, care, and a full renovation to restore it to its true glory.

Amenities

  • Back Yard
  • Cleared
  • Electricity Connected
  • Storage

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Realty Executives Today