33-27 147th Street, Flushing, NY, 11354 | $1,400,000

Charming Multifamily House with Endless Potential! Nestled in a well-established neighborhood, this multifamily home, lovingly owned by one family for decades, is waiting for its next chapter to unfold. Offering a fantastic investment opportunity or a chance to create a dream residence, this property is a diamond in the rough, ready for some TLC. With a classic exterior and a story to tell, this home exudes character and promises a warm welcome. The spacious layout encompasses 2 separate units, providing flexibility for various living arrangements, rental income, or a combination of both. The possibilities are endless! This home features two units and 1, 650 sq. ft. of living space each. The first-floor unit has 3 bedrooms and 1 bathroom. The second-floor unit has 3 bedrooms, and 1 bathroom, and access to the attic has an additional bathroom and living space. Though in need of some renovation, the solid bones and original details serve as a reminder of its timeless appeal. The property sits on a generous 5, 650 sq. ft. lot, offering ample outdoor space for relaxation, gardening, or entertaining guests. There is also a one-car garage in the rear and a driveway offering ample parking. Located in a desirable neighborhood, this home provides easy access to amenities such as schools, parks, shopping centers, public transportation, and minutes to Northern Blvd. Don't miss out on this rare opportunity to restore and customize this charming multifamily house to its former glory. Whether you're an investor looking to add value to your portfolio or an ambitious homeowner seeking a project, this property offers immense potential and rewards for those willing to put in the effort. With vision and TLC, this could become the crown jewel of the neighborhood! Act quickly, as opportunities like this don't come around often. Seize the chance to create a truly special property that will be treasured for generations to come.

Features

  • Bedrooms: 6
  • Baths: 3 full
  • Units: 2
  • Style: Multi Family
  • Year Built: 1920
  • Garage: 1-car Garage, Other
  • Heating: Other, See Remarks
  • Cooling: None
  • Approx Sq. Feet: 3,300
  • Acreage: 0.13
  • Est. Taxes: $8,981
  • School District: Community District 24
  • MLS#: H6250765
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /prop/H6250765/3327147thstreet_flushing_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker Reliable   Phone: 718-921-3100

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

33-27 147th Street, Flushing, NY, 11354

$1,400,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,120,000 $1,120,000 $1,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 7.014% 6.915%
Monthly Tax Payment $748 $748 $748
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,896 $7,358 $9,911
Total Monthly Payment $7,769 $8,231 $10,784

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.