CASH FLOW KING extremely low property tax and great tenants.


Property

Website: https://www.nestseekers.com/5332135
Address:
New York, NY 11418
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,328,000
Annual Taxes:$5,932.68

Description

CASH FLOW KING- extremely low property tax and great tenants. Look no further! Excellent opportunity for investors! This fully rented well-maintained brick mixed-use building features a high-visibility store front and TWO residential units with 2 bedrooms and 1bathroom. Fully updated and renovated 6 years ago with new windows, electrical and heating system. Perfectly situated in a high-density area with both foot and vehicle traffic. Tenants enjoy the convenience of separated meters for both gas and electric. Long term and stable tenants already in place, providing immediate rental income from day one with current Cap rate of 5.5%. Don't miss this rare opportunity for a stabilized asset and great addition to your portfolio.

Contact

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