22-08 120th Street, College Point, NY, 11356
1931
Investment Opportunity in College Point: Detached Six-Family Residence with Recent Upgrades and Private Driveway. Presenting a detached six-family property in the College Point neighborhood of Queens. This income-producing asset features five recently renovated units, all six units with a functional railroad-style layout offering two bedrooms and one bathroom. All units boast hardwood floors, tiled kitchens, and fully tiled bathrooms, with abundant natural light streaming through numerous windows. The property also benefits from a new electrical system and a new roof. Benefit from a strong approximate 6% capitalization rate and the convenience of a private, fenced-in driveway with approximately 10 on-site parking spaces. and offers the potential for 2 - 3 vacant units upon closing. Residents will appreciate the property's proximity to the Flushing Point Marina and Skyline Sports Club, as well as easy access to transportation via the nearby Q65 MTA bus line. This is an exceptional opportunity for investors seeking a stable and upgraded multi-family building in a prime location.
Status:
Active
Type:
Commercial
Units:
6
Heating:
Baseboard
Cooling:
Wall/Window Unit(s)
Basement:
Partially Finished
Parking:
Private
Acreage:
0.11
Est. Taxes:
$154,730
Assessment
$292,680
Construction
Brick
Utilities
See Remarks
Days on Market:
1
MLS #:
952291
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of RE/MAX Edge 718-288-3835