8604 58th Avenue, Elmhurst, NY 11373
- $1,599,888
- 7
- BD
- 6
- BA
- List Price
- $1,599,888
- Price Change
- ▼ $50,112 1783381160
- Status
- ACTIVE
- Bedrooms
- 7
- Bathrooms
- 6
- MLS#
- 1011072
Property Description
Rare Elmhurst Investment Opportunity! This immaculate, detached 3-family brick building (built 2005) is a dream asset for investors or owner-occupants looking for a live-and-earn setup. Spanning 2,610 sq ft, the property features a smart multi-family layout with 7 spacious BRs, 6 full BAs, plus a massive finished attic offering exceptional flexibility for storage or a home office. The spacious layout of 2 Bedroom , 2 Bathroom for each level is perfectly catered to the rental demand in the neighborhood. Maximum Cash Flow, Ultra-Low Overhead: The building benefits from incredible property tax exemptions, keeping your fixed monthly expenses remarkably low. Features 4 separate electric meters, shielding the landlord from utility bills as tenants pay their own heat and electricity. Property tax is currently only $1K annually, WOW! Unbeatable Location: Commuter's dream just blocks to the M/R subway lines for a <30 min ride into Manhattan. Steps from Queens Blvd shopping, dining, and parks. Turnkey brick construction with high rental demand and low maintenance. A perfect 1031 exchange asset! Come view your next home today!
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Additional Information
- Lot Size
- 1483
- Year Built
- 2005
- School District
- Queens24
- Taxes
- $1,268
- Heating
- Natural Gas
- Parking
- Driveway
- Parking Spaces
- 1
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Aislyn M. Zhu (aznycsales@gmail.com) from Listing Office: Prime Realty.
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.