Great investment opportunity in Elmont! This multi-family property is being sold as-is and offers strong value-add potential for investors or buyers looking to customize. The home needs some TLC, including bathroom mold remediation, but provides a solid foundation to build on. Currently tenant-occupied, offering immediate rental income while planning updates or improvements.
Located in a desirable, well-connected area near major highways, shopping, schools, and public transportation. With consistently strong rental demand in the neighborhood, this property presents excellent long-term potential.
Ideal for cash or investor buyers seeking a property with upside.
Type:
Single-family residential
Cooling:
Wall/Window Unit(s)
Basement:
Finished, Full, Walk-Out Access
Construction
Vinyl Siding
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Elementary School:
Covert Avenue School
19 Frederick Avenue, Elmont, NY, 11003
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
