99-02 212 St, Queens Village, NY 11429

Property Description

Queens Village MINT Corner Legal 4 Family semi attached House Fully Rented with great Paying Tenants. Renovated Within the Last 5 Years from Top to Bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apts, and one - 1 Bedroom Apts. Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 141,540.00 Expenses only $ 26,485 yr NOI $ 115,055.00 yr with upside & add on value - 7.67% Cap rate! Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have been updated last year all brand-new windows throughout the building stucco was done on the side of the building two years ago Selling Occupied with Paying Tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping plus transportation! Monthly income: $11,795- Annual $141,540 Expenses Total: $26,485 Year= Selling @ $1.5 M Cap rate 7.67%