TURN KEY CASH COW BRICK 3 FAMILY WITH VACANT UNIT amp ; INSTANT ROI Offered at 1, 349, 000 Lock in immediate cash flow on day one with this massive, ...
| Website: | https://www.nestseekers.com/5640080 |
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| Address: | New York, NY 11432 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Bedrooms: | 8 BR |
| Bathrooms: | 3 |
| Lot Size: | 0.0 Acres |
Financials
Description
TURN-KEY CASH COW: BRICK 3-FAMILY WITH VACANT UNIT & INSTANT ROI
Offered at $1,349,000
Lock in immediate cash flow on day one with this massive, ultra-low-maintenance brick 3-family powerhouse. Perfectly suited for aggressive investors looking to maximize yields or house-hackers wanting their mortgage paid by tenants, this property delivers immediate income with major upside potential.
Immediate Yield: Units 1 and 2 feature reliable, fully vetted, on-time paying tenants generating effortless passive income the moment you close.
Vacant 3-Bedroom Unit: Unit 3 is completely vacant and ready to move in or lease out at top market rates ($3,000+/mo potential). High ceilings, expansive layout, dedicated living and dining rooms, and 3 full bedrooms.
Turn-Key Expense Control: Fully split utilities mean maximum NOI protection. Built with 3 separate boilers, 3 hot water tanks, and 4 electric meters—tenants pay their own bills.
Low Taxes = High Margins: Unusually low annual property taxes keep your net operating income high and holding costs low.
Massive Upside: Sprawling layout totaling 8 bedrooms and 3 full bathrooms, plus a massive full basement offering massive storage or conversion potential.
Prime Location Advantage: Minutes to the F train, major shopping, dining, and top schools—ensuring near-zero vacancy rates forever.
Don't wait—multi-families with full utility separation and vacant units in this location do not last.
Amenities
- Aluminum Frames
- Electricity Connected
- First Floor Full Bath
- Insulated Windows
- Natural Gas Available
- Natural Gas Connected
- Water Available
- Water Connected
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1 718-707-0200 Fax: +1 718-707-0233 | |
| Listing Courtesy of Neighborhood Elite Homes LLC | |