
99-02 212th St
Corner newly renovated 4 family | 7.67% CAP | 4 Units/ 1 vacancy FREE Market
Marketing 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. with an accessory unit. Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 154,344.00 Expenses only $ 26,485 yr NOI $ $141,540 yr with upside & add on value - 7.67% Cap rate! Gas boiler gas water heater, sidewalk, sewer line, roof, 3 new water heaters All of the apartments have been updated roof was 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- No violations!!! Parking in the back and full basement! One unit delivered vacant! Near Jamaica Ave, all stores & shopping plus transportation!
Investment highlights
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. with an accessory unit. Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 154,344.00 Expenses only $ 26,485 yr NOI $ $141,540 yr with upside & add on value - 7.67% Cap rate! Gas boiler gas water heater, sidewalk, sewer line, roof, 3 new water heaters All of the apartments have been updated roof was 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- No violations!!! Parking in the back and full basement! One unit delivered vacant! Near Jamaica Ave, all stores & shopping plus transportation!
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