Welcome to this unique three-family home, a strong income producing property with low operating expenses offering an excellent opportunity for both investors and owner-occupants. The property features two spacious 3-bedroom units on the first and second floors, along with a 1-bedroom unit on the third floor. Each unit offers an open-concept layout and has been updated with new flooring, kitchens, and bathrooms.Projected rental income can reach up to $10,000 per month, with low operating expenses, including taxes of just $1,185 annually. Each unit has separate gas and electric meters, with tenants responsible for their own utilities. The Owner's main expense is the heat during the winter months. Additionally all units will be delivered vacant providing another excellent opportunity for any new owner to purchase this home and create their ideal living situation.
Listing By
Agency Name: Weichert Realtors Langer Homes
Agency Contact: 718-479-9200
Shown By
Agent Name: Makenzie Moeller
Agent Phone: Cell: (631) 258-0802
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 8,120.08 per month $7,511.21 Principal & Interest $98.75 Property Tax $510.13 Homeowner's Insurance
16920 107th Avenue | MLS# 972459
This multi-family property located at 16920 107th Avenue, Jamaica, NY 11433 is currently listed for sale with an asking price of $1,749,000. Search Jamaica real estate on mmoeller.coachrealtors.com today.