$1,399,999

House for sale Maspeth
Property photo number 1 of 16 Photos for Property. File  105204419_29_a6d09a495fdef72337c9cee53a163040.jpeg

Overview

SUMMARY: Discover an opportunity with this Maspeth house for sale and available for $1,399,999. This could be your next ideal home or a smart investment. More details await.
NEW PRICE- Now $1,399,999! Rare 6-Family Corner Building $110K+ Income Vacant Unit at Closing 5 Units Rented + 1 Delivered Vacant Backyard, Partially Finished Basement and 2-Car Private Driveway ONLY $1,399,999! Don't miss this exceptional opportunity to own a rare 6-family
income-producing property in Maspeth, Queens - one of the most desirable and stable rental markets in the borough. Known for its low-density character and strong tenant demand, Maspeth is primarily composed of 1-4 family homes, making a property of this size a rare find. This sunny 3-story corner building offers excellent natural light, strong long-term investment potential, and is currently generating over $110,000 in annual rental income from 5 of its 6 apartments. The 6th apartment is owner-occupied and will be delivered vacant at closing, providing a rare opportunity for an owner-occupant or the potential to further increase rental income and overall cash flow. Property Highlights Price Reduced to $1,399,999 6 Total Apartments 5 Income-Producing Units 1 Unit Delivered Vacant $110,000+ Annual Income Rare 6-Family Building in a Neighborhood Dominated by 1-4 Family Homes Sunny Corner Location with Excellent Natural Light Full Basement Private Backyard Fenced Private Driveway with Parking for 2 Cars min. Convenient Access to Major Highways, Shopping, Restaurants, and Local Amenities Whether you're an investor seeking stable cash flow and long-term appreciation or an owner-occupant looking to offset expenses with rental income, this unique Maspeth property presents a rare opportunity in a highly desirable Queens neighborhood. Price Improvement - Now Offered at $1,399,999. Schedule your private showing today.
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Details

  • Beds: 0
  • Price: $1,399,999

Location

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