Exceptional Investment Opportunity in Elmhurst! Presenting a meticulously maintained 6 Family building featuring a rare 12-year tax abatement. With the added bonus of two parking spaces and an indoor garage, convenience is paramount. Currently fully occupied, this property yields a robust gross income of $140K, with expenses totaling just $16K. Ideal for savvy investors or those exploring a 1031 exchange, this property offers both stability and potential. Situated near restaurants, public transportation, and the bustling Queens Center Mall, it ensures convenience and attraction for tenants. Don't miss out on this prime opportunity to secure your investment future!
Features
9 bedrooms
7 bathrooms
directions_car4 carspaces
directions_car2 garage spaces
5560 sq. ft. floor area
crop_free2000 sq. ft. lot size
cottageMulti-Family
Happy sellers in New York
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Local market activity for 9 bedroom multi families in New York
Sold
For Sale
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