MLS # | 859506 |
Details | 3 fam, 6 bed, 4 bath, garage, Lot Size: 0.06 acres, 3 Units in the building (DOM): 38 days |
Construction Year | 1920 |
Taxes (per year) | $5,138 |
Basement | Full basement |
Bus | 2 min: Q112, Q40 |
3 min: Q06, Q60 | |
4 min: Q09 | |
5 min: Q08, X64 | |
10 min: Q25, Q34, Q41, Q65 | |
LIRR | 0.6 miles: "Jamaica" |
1.9 miles: "Kew Gardens" | |
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Fully Renovated Legal 3-Family Investment Property in Downtown Jamaica, Queens – 8.4% Cap Rate Potential!
Discover this exceptional, fully renovated legal 3-family home in the heart of Downtown Jamaica, Queens—a prime investment opportunity with a strong 8.4% cap rate potential!
Property Highlights:
? Upgraded from Top to Bottom – Featuring a new roof, siding, plumbing, electrical, windows, kitchens, baths, and flooring for worry-free ownership.
? Flexible Layout – Configured as a 1-bedroom, 2-bedroom, and 3-bedroom rental, maximizing income potential.
? Separate Utilities – Each unit has its own boiler and water tank, ensuring tenant convenience and cost efficiency.
? Parking & Storage – Includes a two-car garage and a full basement with a separate entrance for added functionality.
? Unbeatable Location – Just minutes from the E, J, Z trains, LIRR, and AirTrain, making commutes seamless. The AirTrain connects to JFK Airport in just 10 minutes!
? Thriving Downtown Jamaica – Surrounded by new high-rises, trendy eateries, shopping, and a growing business hub, offering an ideal live-work-play environment.
Whether you’re an investor seeking strong cash flow or an owner-occupant looking for rental income, this turnkey property is a rare find in a rapidly revitalizing neighborhood! © 2025 OneKey™ MLS, LLC