Rare Elmhurst Investment Opportunity! This immaculate, detached 3-family brick building (built 2005) is a dream asset for investors or owner-occupants looking for a live-and-earn setup. Spanning 2,610 sq ft, the property features a smart multi-family layout with 7 spacious BRs, 6 full BAs, plus a massive finished attic offering exceptional flexibility for storage or a home office. The spacious layout of 2 Bedroom , 2 Bathroom for each level is perfectly catered to the rental demand in the neighborhood.Maximum Cash Flow, Ultra-Low Overhead: The building benefits from incredible property tax exemptions, keeping your fixed monthly expenses remarkably low. Features 4 separate electric meters, shielding the landlord from utility bills as tenants pay their own heat and electricity. Property tax is currently only $1K annually, WOW!Unbeatable Location: Commuter's dream just blocks to the M/R subway lines for a <30 min ride into Manhattan. Steps from Queens Blvd shopping, dining, and parks. Turnkey brick construction with high rental demand and low maintenance. A perfect 1031 exchange asset! Come view your next home today!
Listing By
Agency Name: Prime Realty
Agency Contact: 718-229-2922
Shown By
Agent Name: Jessica "JP" Paulucci
Agent Phone: Cell: (631) 672-1449
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 7,443.14 per month $6,870.84 Principal & Interest $105.67 Property Tax $466.63 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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8604 58th Avenue | MLS# 1011072
This multi-family property located at 8604 58th Avenue, Elmhurst, NY 11373 is currently listed for sale with an asking price of $1,599,888. 58th Avenue is located within the Queens24 school district. Search Elmhurst real estate on jpaulucci.coachrealtors.com today.