Rare investment opportunity in the heart of College Point !


Property

Website:https://www.nestseekers.com/5651359
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:$18,435.32

Description

Rare investment opportunity in the heart of College Point! This fully detached, three-story, six-family building sits on a generous 5,000 sq. ft. lot and offers incredible income-producing potential. The property features 12 bedrooms, 24 total rooms, 6 kitchens, 6 full bathrooms, and a full basement. Each apartment consists of 2 bedrooms, a living room, a kitchen, and a full bathroom. Five of the six units will be delivered vacant at closing, providing a rare opportunity for an investor or end user to renovate, set market rents, or customize the building to their needs. Only one unit will remain occupied.Includes a 2-car garage, a big backyard, and plenty of extra parking. This property requires a full renovation and is ideal for buyers with vision looking to restore and maximize its value. Opportunities like this are hard to find in College Point. Conveniently located near shopping, restaurants, public transportation, schools, and major highways.

Amenities

  • Electricity Connected
  • Other
  • Sewer Connected
  • Water Connected

Contact

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