$1,599,000

8640 123rd Street, Richmond Hill, NY 11418

  • 4,320 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon3,576sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $370/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Exceptional 6 unit investment in prime Richmond Hill. This rent-stabilized six unit multifamily features six 2-bedroom and 1 bath apartments. The rooms are large and spacious. The roof is less than a year old and in excellent condition. All tenants are current with their rent, generating $107,000 plus annual income. Updated electricity and plumbing. This property offers a rare chance with a strong cash flow and significant long-term appreciation potential. Situated near schools, shopping and transportation.

Listing Status:
Active
Listing Office:
North East Queens Realty Corp : 516-498-1110
MLS ID:
892533
  • Basement: Full
  • A/C: Wall/Window Unit(s)
  • Heating: BaseboardNatural Gas

This listing courtesy of North East Queens Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby