104-18 Jamaica Avenue, Richmond Hill, NY 11418

$1,299,999

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List Price
$1,299,999
Status
ACTIVE
MLS#
1050927

Property Description

CALLING ALL INVESTORS! Extremely low property tax and great tenants. Look no further! Excellent opportunity for investors! This fully rented well-maintained brick mixed-use building features a high-visibility store front and TWO residential units with 2 bedrooms and 1bathroom. Fully updated and renovated 6 years ago with new windows, electrical and heating system. Perfectly situated in a high-density area with both foot and vehicle traffic. Tenants enjoy the convenience of separated meters for both gas and electric. Long term and stable tenants already in place, providing immediate rental income from day one with current actual Cap rate of 5.7%. Don't miss this rare opportunity for a stabilized asset and great addition to your portfolio.

Additional Information

Basement
Full
School District
Queens 27
Taxes
$6,192
Heating
Baseboard
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Junbing Ye (icyye.yau@gmail.com) from Listing Office: Homix Realty Inc.

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.