New York, NY 11429

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 3 BR
Bathrooms: 3
Lot Size: 0.1 Acres

Financials

Price:$839,999
Annual Taxes:$6,300
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of EXP Realty

LEGAL 2 FAMILY IN QUEENS VILLAGE FULLY OCCUPIED !

Description

LEGAL 2-FAMILY IN QUEENS VILLAGE – FULLY OCCUPIED! Excellent income-producing property being delivered with tenants in place. This legal two-family home features a 2-bedroom apartment on the first floor and a 1-bedroom apartment on the top floor, plus a finished basement for additional living/storage space. Property offers a private driveway and detached 2-car garage. Current rent roll is $4,150/month, providing $49,800 in gross annual rental income and an approximate 5.9% gross rental yield based on the $839,000 asking price. Great opportunity for an investor or owner looking for a multi-family property with immediate rental income. Buyer to verify all information and legal use with the appropriate authorities. Only 1st floor and second floor are occupied with a basement with full bath

Amenities

  • First Floor Bedroom
  • Natural Gas Available
  • Near Public Transit
  • Near School
  • Near Shops
  • Sewer Available
  • Water Available

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.