Elmhurst Homes with Duplex Subtype

Elmhurst Homes with Duplex Subtype

Welcome to Elmhurst, a vibrant neighborhood nestled in the heart of Queens, New York. Known for its rich cultural diversity, Elmhurst boasts a unique blend of urban energy and suburban charm. With its tree-lined streets, bustling commercial areas, and a community that thrives on inclusivity, Elmhurst is a hidden gem waiting to be discovered.

The area is well-connected, offering easy access to Manhattan via the M and R subway lines, making it an ideal location for commuters. Residents enjoy a plethora of dining options, from authentic Asian cuisine to classic American fare, along with local parks that provide a perfect escape from the city's hustle and bustle. Elmhurst is also home to various educational institutions, making it a desirable location for families.

For those seeking a spacious living arrangement, Elmhurst’s duplex homes are a fantastic option. These charming residences offer the perfect blend of comfort and functionality. With two distinct living spaces, duplexes provide ample room for families or the opportunity for rental income. Many homes feature modern amenities, private outdoor spaces, and proximity to local parks and schools, making them an excellent choice for both first-time buyers and seasoned investors.

In Elmhurst, you'll find a welcoming community that values both tradition and innovation. Whether you're looking for a cozy family home or an investment opportunity, the duplexes in this neighborhood offer the perfect canvas to create lasting memories. Discover the allure of Elmhurst and make it your home today!

Newest Elmhurst Homes with Duplex Subtype

$1,599,000
6 Beds 3 Baths 1048630 MLS
Discover a premier investment or ultimate live-with-income residence in the heart of Elmhurst, Queens. Sited on a 25x100 lot, this detached multi-family property will be delivered 100% vacant at closing, allowing you to set premium market rents from day one. The building generates a proven gross annual rental income of $102,000, representing a solid 5.07% Capitalization Rate in a completely free-market, non-rent-stabilized environment. The property underwent a high-end architectural gut renovation in 2008, fully replacing all underlying infrastructure—including modernized electrical wiring, updated plumbing networks, and rich hardwood floors. Fully separate utility meters for the first and second floors drastically minimize landlord oversight and protect operating margins. Intelligent Multi-Level Layout: The home features a main secure entryway that opens into a private interior vestibule, providing dedicated, separate locked entrances to each of the three independent apartments: First Floor: Fully renovated 2-Bedroom (easily reverted to 3-BR) featuring a large living room, eat-in kitchen with brand new appliances, full bathroom, in-unit washer/dryer, and direct access to a paved, secure, gated backyard with an oversized awning. Second Floor: Independent, sun-drenched 3-Bedroom, 1-Bathroom apartment with a spacious living area, modern eat-in kitchen with a dishwasher, and dedicated brand new laundry washer/dryer. Finished Basement: Completely finished with an expansive open loft layout, featuring a legal full bathroom and a dedicated kitchen/bar area. Complete with a private entrance and electric stove, this versatile space is perfect for an owner's suite, guest quarters, home office, or auxiliary recreation. All basement utilities are included. Location & Amenities: - Parking: Secure shared driveway protected by a permanent easement, comfortably accommodating off-street parking for multiple vehicles. - Transit: Unbeatable commuter location just two blocks from Queens Boulevard. A seamless 20-minute commute to Manhattan via the Grand Ave–Newtown M/R subway station and Q29 bus line. - Lifestyle: Moments from Queens Center Mall, Target, Best Buy, Rego Park Shopping Center, and Elmhurst Hospital. - Education: Adjacent to the prestigious P.S. 102 Bayview (holding an elite 9/10 ranking). Gross Rental Income 102,000 Vacancy Loss (5,100) -------------------------------------------- Effective Gross Income 96,900 Property Taxes (7,145) Operating Expenses (9,238) -------------------------------------------- Total Expenses (16,383) ========================= Net Operating Income 80,517

85-25 56th Avenue, Elmhurst

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.