17225A 91st Avenue, Jamaica, NY 11432

$1,349,000
8
BD
3
BA

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List Price
$1,349,000
Days on Market
59
MLS#
1027112
Status
ACTIVE
Property Type
Triplex
Year Built
2008
Property Tax
$5,689
School District
Queens 29
High School
Benjamin Franklin Hs-Finance-Info
Jr. High
Emerson School (The)
Elementary School
Cynthia Jenkins School

Property Description

TURN-KEY CASH COW: BRICK 3-FAMILY WITH A VACANT UNIT & INSTANT ROI Offered at $1,349,000. Lock in cash flow on day one with this massive, ultra-low-maintenance brick 3-family powerhouse! Perfectly positioned for savvy investors maximizing yields or owner-occupants looking to have their mortgage slashed by rental income. Units 1 and 2 are fully occupied with reliable, vetted, on-time paying tenants, generating effortless passive income the moment you close. Unit 3 is completely vacant and ready for you to move in or immediately lease at top market rates ($3,500+/mo potential). This expansive unit features high ceilings, dedicated living and dining rooms, and 3 full bedrooms. Enjoy ultimate expense control and maximum NOI protection: this property features fully separated utilities with 3 distinct boilers, 3 hot water tanks, and 4 electric meters, meaning tenants pay their own bills. Combined with unusually low annual property taxes, your holding costs stay exceptionally low. Boasting a sprawling layout totaling 8 bedrooms, 3 full bathrooms, and a massive full basement prime for storage or conversion. Located just minutes from the F train, major shopping, dining, and top-tier schools, this location guarantees near-zero vacancy rates. Fully separated 3-family properties with vacant units in this prime corridor do not last!

Additional Information

Bedrooms
8
Bathrooms
3
Full Baths
3
Acres
0.04
Parking
On Street
Basement
Finished
Heating
Natural Gas
Cooling
ENERGY STAR Qualified Equipment
Water
Public
Sewer
Public Sewer
Amenities
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Khairul Arefin (karefin12@gmail.com) from Listing Office: Neighborhood Elite Homes LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.