Rare investment opportunity in the heart of College Point !
| Website: | https://www.nestseekers.com/5244219 |
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| Address: | New York, NY 11356 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Bedrooms: | 12 BR |
| Bathrooms: | 6 |
| Lot Size: | 0.1 Acres |
Financials
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
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24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
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| Listing Courtesy of Realty Executives Today | |