Listing Courtesy of: 718-609-0800 - Thony Revelo - New York Realty Minimax Inc
718-609-0800
$1,349,000
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8650 127th St Jamaica, NY 11418
Cluster
Residence
7
Beds
4
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Investor's Dream: Welcome to a lucrative investment opportunity at the border of Richmond Hill & Kew Gardens. Here you have a four-family free market brick building that promises not just comfortable living but also impressive returns on your investment. This property is a savvy investor's dream com...e true, with three spacious 2-bedroom, 1-bathroom apartments and one large 1-bedroom, 1-bathroom apartment. Inside each of the 2-bedroom apartments, discover spacious living areas perfect for urban dwellers. The bedrooms are generously sized, and the well-appointed bathrooms ensure tenant satisfaction. The 1-bedroom unit offers a comfortable retreat for singles or couples, maximizing comfort and practicality. An outstanding feature of this property is the enormous unfinished basement, presenting a wealth of possibilities. From creating additional storage spaces for tenants to establishing communal amenities that enhance the property's appeal, the basement opens the door to increased value and rental potential. Location is the cornerstone of this investment gem. Situated just a 4-minute walk away from the J/Z lines at the 121st Street Station, your future tenants will enjoy a seamless commute into the city and beyond. Public transportation becomes a selling point, making your property incredibly attractive to potential tenants. Furthermore, your investment is strategically positioned near supermarkets and a CVS pharmacy, simplifying everyday living for your tenants. Groceries and essentials are within easy reach, making this property not just a place to live but a convenient lifestyle choice. This brick building is more than just a structure; it's a gateway to smart investment opportunities. With its prime location, multiple living spaces, and potential for value appreciation, this property stands as a testament to the foresight of its investor. Don't miss the chance to add this gem to your portfolio. Seize the opportunity now and watch your investment flourish. Built: 1931 Lot: 22X100 Gross Sq Ft: 3964 Zoning: R5 Taxes: $12,967 Yearly Expenses: $22,087
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MLS#
3510589
Property Type
Cluster
Bedrooms
7
Bathrooms
4 Full
Year Built
1931
Stories
2.0
Sewer
Public Sewer
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