1. New York
2. College Point
3. 22-08 120th Street

22-08 120th Street, College Point, NY 11356

• 3,900 sqft

Property Description

Investment Opportunity in College Point: Detached Six-Family Residence with Recent Upgrades and Private Driveway. Presenting a detached six-family property in the College Point neighborhood of Queens. This income-producing asset features five recently renovated units, all six units with a functional railroad-style layout offering two bedrooms and one bathroom. All units boast hardwood floors, tiled kitchens, and fully tiled bathrooms, with abundant natural light streaming through numerous windows. The property also benefits from a new electrical system and a new roof. Benefit from a strong approximate 6% capitalization rate and the convenience of a private, fenced-in driveway with approximately 10 on-site parking spaces. and offers the potential for 2 - 3 vacant units upon closing. Residents will appreciate the property's proximity to the Flushing Point Marina and Skyline Sports Club, as well as easy access to transportation via the nearby Q65 MTA bus line. This is an exceptional opportunity for investors seeking a stable and upgraded multi-family building in a prime location.

Listing Status:

Active

Listing Office:

RE/MAX Edge : 718-288-3835

MLS ID:

862472

Interior

• Basement: Partially Finished
• A/C: Wall/Window Unit(s)
• Heating: Baseboard

Location

Lot

Utilities

Financial

This listing courtesy of RE/MAX Edge