241 Beach 118th ST Active Save Request In-Person Tour Request Virtual Tour
Rockaway Park,NY 11694
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $499
MLS Listing ID 485416
Full Baths 4
Year Built 1929
Annual Tax Amount $4,624
Property Description
HUGE 3 family house on a 40x100 Lot with finished basement with 6 car carport/driveway. THIS IS A CASH COW! This 3 Family house is great for the right investor or user. Also, this property is located in Rockaway Park, Queens which is only: (1) 1 block to the beach, (2) 2 blocks to the subway and great restaurants and (3) Minutes away to the NYC Ferry, which goes to NYC in minutes.
All tenants have their own electric meters and pay their own utilities. Seller financing “may" be available for the right buyer. Property was recently renovated. Also, there are 4 levels to this huge house as follows: (1) First floor - has 3 Bedrooms with 2 bathrooms, (2) Second floor – has 4 Bedrooms with 2 bathrooms and walk out balcony and slight ocean view, (3) Third Floor – has 2 Bedrooms with 1 bathroom Basement Floor – separate laundry room for tenants to share. Also, a huge backyard for lounging around or grilling. There is too much to mention, so set up an appt and come see this great CASH COW. Real estate taxes for 2023 were only $4,624, this makes it a very attractive investment. Actual 7.00% CAP and Estimated up to 8.5% CAP, call for details.
Location
State NY
County Queens
Area Rockaway Park
Zoning R4A
Rooms
Basement Finished,Full,Separate Entrance
Interior
Hot Water Electric,Other
Heating Electric,Other
Flooring Carpeting,Ceramic,Concrete,Hardwood,Laminate,Other
Heat Source Electric,Other
Exterior
Exterior Feature Aluminum Siding,Other
Amenities Available NONE
Roof Type Pitched,Shingle,Other
Handicap Access Unknown
Building
Story 2
Foundation Poured Concrete,Other
Others
Energy Description Electric,Other
Financing 1031 Exchange,Bank Mortgage,Cash