241 Beach 118th Street, Rockaway Park, NY, 11694
$1,499,000
Misc
For Sale
, 3000 SqFt
Details
ML#: H6329525
- # of Families: 3
- Year Built: 1929
- Taxes: $4,624
- Status:Active
Description
HUGE 3 family house on a 40x100 Lot with finished basement with 6 car carport/driveway. THIS IS A CASH COW! This 3 Family house is great for the right investor or user. Also, this property is located in Rockaway Park, Queens which is only: (1) 1 block to the beach, (2) 2 blocks to the subway and great restaurants and (3) Minutes away to the NYC Ferry, which goes to NYC in minutes. All tenants have their own electric meters and pay their own utilities. Seller financing “may be available for the right buyer. Property was recently renovated. Also, there are 4 levels to this huge house as follows: (1) First floor - has 3 Bedrooms with 2 bathrooms, (2) Second floor – has 4 Bedrooms with 2 bathrooms and walk out balcony and slight ocean view, (3) Third Floor – has 2 Bedrooms with 1 bathroom Basement Floor – separate laundry room for tenants to share. Also, a huge backyard for lounging around or grilling. There is too much to mention, so set up an appt and come see this great CASH COW. Real estate taxes for 2023 were only $4, 624, this makes it a very attractive investment. Actual 7.00% CAP and Estimated up to 8.5% CAP, call for details.
More Property Details
Lot Sq Ft: 4000
Approx. Int. Sq. Ft.: 3000.00
Parking Spaces: Yes
Parking Facilities: Carport, Other
Heat: Electric, See Remarks
A/C: Ductless
Water: Other
Sewer: Public Sewer
Taxes: $4,624
School District#: 1
School District: Contact Agent
Listing Information provided courtesy of
eXp Realty
917-532-5501