Excellent investment opportunity in the highly sought-after neighborhood of Rosedale! This well-maintained two-family home features 3 bedrooms over 3 bedrooms, plus a finished basement.
The first floor and finished basement are currently tenant-occupied on a month-to-month basis with no lease, while the vacant second-floor unit offers 3 bedrooms, 1 full bathroom, and a finished attic, making it ideal for an owner-occupant or an investor seeking immediate rental income.
The property is currently generating approximately a 3% cap rate, with the potential to increase to nearly 6% by renting the vacant second-floor unit at market value. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property offers exceptional upside potential.
Conveniently located near shopping, schools, parks, public transportation, and major highways, this is a rare opportunity to own a solid income-producing property in one of Queens' most desirable neighborhoods.
The seller is motivated and looking for a qualified buyer to take advantage of this exceptional investment opportunity. Don't miss your chance to own this Rosedale gem!
12 days
|
767
|
55
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Global Xchange Realty, LLC917-412-0047,
Nicholas R. Charles917-412-0047,
Rose M. Mith-Charles718-662-0414,
Global Xchange Realty, LLC
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1033475
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Heating
Baseboard, Hot Water
Cooling
Wall/Window Unit(s)
Features
First Floor Bedroom, First Floor Full Bath, Entrance Foyer, Formal Dining
Flooring: Wood
Basement: Finished
Interior area
Total structure area: 1,724
Total interior livable area: 1,724 sqft
Property
Parking
Total spaces: 1
Parking features: Driveway
Garage spaces: 1
Has uncovered spaces: Yes
Lot
Size: 3,000 Square Feet
Details
Parcel number: 135500056
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Materials
Aluminum Siding
Condition
Actual
Year built: 1925
Utilities & green energy
Gas: Separate Gas Meters: 2
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.