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$ 1,880,000
Est. payment | /mo
9 Beds
6 Baths
2,604 Sqft Lot
$ 1,880,000
Est. payment | /mo
9 Beds
6 Baths
2,604 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY837142
Bedrooms 9
Full Baths 6
Originating Board onekey2
Rental Info No
Year Built 1930
Annual Tax Amount $9,703
Lot Size 2,604 Sqft
Acres 0.0598
Property Sub-Type Triplex
Property Description
Attention investors! This well-maintained, semi-detached 3-family property in the vibrant neighborhood of Corona offers a turnkey investment opportunity with no vacancy downtime. Completely renovated in 2016, this solid building features two stories plus a finished basement with a private entrance. With a detached 2-car garage at the rear, this property has the potential for even more rental income or added convenience for tenants.
The layout includes:
- First Floor: Spacious 5-bedroom, 2.5-bathroom unit perfect for larger households.
- Second Floor: Two separate units, both offering comfortable living spaces with natural light flooding in through the windows of every room, thanks to the semi-detached design.
- Finished Basement with separate entrance, offering potential for additional use or storage.
The building is fully equipped with separate utilities, including 4 electric meters, 4 gas meters, and 4 boilers, allowing tenants to cover their own utilities. This setup ensures low overhead for the landlord, making it a highly efficient, hassle-free investment. All units are occupied with reliable tenants on month-to-month leases, providing immediate cash flow with zero vacancy downtime.
Conveniently located near public transportation, popular dining spots, and a wide range of retail stores, this property offers unmatched convenience for tenants and is in a high-demand rental area. With a solid 6% cap rate, this is an ideal property to add to your investment portfolio, providing both strong returns and long-term value.
The layout includes:
- First Floor: Spacious 5-bedroom, 2.5-bathroom unit perfect for larger households.
- Second Floor: Two separate units, both offering comfortable living spaces with natural light flooding in through the windows of every room, thanks to the semi-detached design.
- Finished Basement with separate entrance, offering potential for additional use or storage.
The building is fully equipped with separate utilities, including 4 electric meters, 4 gas meters, and 4 boilers, allowing tenants to cover their own utilities. This setup ensures low overhead for the landlord, making it a highly efficient, hassle-free investment. All units are occupied with reliable tenants on month-to-month leases, providing immediate cash flow with zero vacancy downtime.
Conveniently located near public transportation, popular dining spots, and a wide range of retail stores, this property offers unmatched convenience for tenants and is in a high-demand rental area. With a solid 6% cap rate, this is an ideal property to add to your investment portfolio, providing both strong returns and long-term value.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Interior Features Open Floorplan
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Spaces 2.0
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Total Parking Spaces 2
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by Winzone Realty Inc