PLEASE READ ALL INFO! CASH BUYERS ONLY! RENT STABILIZED TENANT IN PLACE WITH POSITIVE CASH FLOW! THERE ARE MULTIPLE OFFERS. WE ARE GOING INTO BEST AND FINAL OFFER BY FRIDAY 7/21. IN ORDER TO PLACE AN OFFER, EMAIL ME WITH THE OFFER PRICE, PROOF OF FUNDS FOR THE CASH OFFER AND YOUR REAL ESTATE ATTORNEY CONTACT INFO. IF YOUR OFFER IS THE HIGHEST OFFER, IT WILL BE ACCEPTED AND YOU'LL BE NOTIFIED. THEN THE CONTRACT OF SALE WILL BE SENT TO YOUR ATTORNEY AND YOU WILL BE ALLOWED TO CONDUCT A WALK THROUGH OF THE APARTMENT, TO SEE THAT THE CONDITION IS EXACTLY IN THE ADVERTISEMENT PICTURES PRIOR TO CLOSING. NEW ELECTRICITY PANELS ARE IN PLACE. Amazing investment opportunity. the house value was estimated at $200,000 market value and it has a stabilized tenant in place for the past few decades. Tenant is always paying rent on time! Monthly rent paid is $992.20 and it increases every year or two! monthly charges are only $663.29, leaving you with a positive cash flow of $328.91 net per month and almost $4000 per year and it still increases. This is a great opportunity to just collect positive and secure cash flow, while waiting for the apartment to be at full market rental value again, or renovate and flip it in the future and multiply your investment easily! Nothing similar in the nyc market! buy your future home now, at half price of it's market value. Owner is motivated to sell! THIS WON'T LAST! great location and building surrounding by green landscaped! ideal location in flushing! apartment is approx 850SF!!! with two exposures and lots of light!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
