99-02 212Th St, Queens Village, NY 11429

Description

Queens Village MINT Corner Legal 4 Family semi attached House Fully Rented with great Paying Tenants. Renovated Within the Last 5 Years from Top to Bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apts, and one - 1 Bedroom Apts. Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 141,540.00 Expenses only $ 26,485 yr NOI $ 115,055.00 yr with upside & add on value - 7.67% Cap rate! Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have been updated last year all brand-new windows throughout the building stucco was done on the side of the building two years ago Selling Occupied with Paying Tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping plus transportation!

Monthly income: $11,795- Annual $141,540 Expenses Total:  $26,485 Year Selling @ $1.5 M Cap rate 7.67%

9902 212 street income & expenses

Income

Apt #1F---- $1,737 1 Bd

Apt #1c-----$2,350 1Bd

Apt#1r------$2,584 2Bd

Apt#2f------$2,624 2Bd

Apt#2x------$2,500 3Bd

Monthly $11,795 Annual $141,540

Expenses

Tax$ 15,360

Water$ 3,255

Gas$ 5,932

Electric$ 738

Maintenance$ 1,200

Total: $26,485

asking price $1.5M Cap rate 7.67%