16920 107th Avenue, Jamaica, NY 11433

$1,749,000
7
BD
3
BA

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List Price
$1,749,000
MLS#
972459
Status
ACTIVE
Bedrooms
7
Bathrooms
3
Lot Size
2242

Property Description

Welcome to this unique three-family home, a strong income producing property with low operating expenses offering an excellent opportunity for both investors and owner-occupants. The property features two spacious 3-bedroom units on the first and second floors, along with a 1-bedroom unit on the third floor. Each unit offers an open-concept layout and has been updated with new flooring, kitchens, and bathrooms. Projected rental income can reach up to $10,000 per month, with low operating expenses, including taxes of just $1,185 annually. Each unit has separate gas and electric meters, with tenants responsible for their own utilities. The Owner’s main expense is the heat during the winter months. Additionally all units will be delivered vacant providing another excellent opportunity for any new owner to purchase this home and create their ideal living situation.

Additional Information

Year Built
1910
Style
A-Frame
Taxes Total
1185
Heating
Natural Gas
Parking
Driveway
Parking Spaces
2
Basement
Full, Partially Finished, Storage Space
Water
Public
Sewer
Public Sewer
Taxes
$1,185

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Matthew Langer (Matthew@langerhomes.com) from Listing Office: Weichert Realtors Langer Homes.

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.