Prime 20 Unit Investment Property in the Heart of Elmhurst This exceptional brick building offers investors a rare combination of high yield cap rate and stability with 18 two bedroom ...
New York, NY 11373
Listing
| Web ID: | 5667678 |
|---|---|
| Website: | https://www.nestseekers.com/5667678 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$3,990,000
Annual Taxes:$66,752.08
Description
Prime 20-Unit Investment Property in the Heart of Elmhurst - This exceptional brick building offers investors a rare combination of high-yield cap rate and stability with 18 two-bedroom apartments, 1 large studio, and 1 three-bedroom unit. A vacant two-bedroom apartment available for immediate showing. Located in desirable Elmhurst with excellent transportation access, this well-maintained property features stable, long-term tenants under professional management, providing consistent cash flow with minimal hands-on involvement. The solid brick construction, prime location, and established tenant base make this a turnkey investment opportunity perfect for both seasoned investors and those seeking to add a reliable income-producing asset to their portfolio.
Contact
Listing Courtesy of Royalux Realty LLC