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241 Beach 118th Street, Rockaway Park, NY, 11694 $1,499,000

Misc For Sale , 3000 SqFt 

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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

Property Features

Lot Sq Ft: 4000   Approx. Int. Sq. Ft.: 3000.00   Parking Spaces: Yes   Parking Facilities: Carport, Other  

Appliances & Utilities

Heat: Electric, See Remarks   A/C: Ductless   Water: Other   Sewer: Public Sewer  

Financial

Taxes: $4,624  

Local Area Information

School District#: 1   School District: Contact Agent  

Listing Information provided courtesy of eXp Realty  917-532-5501
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