Corona NY, 11368
$1,749,000
Misc
For Sale
7 Beds
, 4 Full Bath
Details
ML#: 814527
- # of Families: 6
- Year Built: 1988
- Taxes: $17,726
- Status:Active
Description
Fantastic investment opportunity! This well-maintained residential building features six rental units, with one tenant confirmed to be moving out, providing immediate potential for rent increases or updates. The remaining tenants are on flexible month-to-month leases, including one Section 8 rental, ensuring consistent income. The property generates between $9, 000 and $10, 000 in monthly rental income, including $300 from the parking space in the front. The building layout consists of one unit in the basement, two on the 1st floor, one on the 2nd floor, and two on the 3rd floor. Conveniently located near the Long Island Expressway (I-495), this property is perfectly situated for easy access to transportation and local amenities. Don’t miss this incredible opportunity to add a high-performing asset to your portfolio!
More Property Details
Bedroom: 7
Full Bath: 4
ConstructionMaterials: Balcony, Courtyard
Heat: Baseboard
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $17,726
School District: Elm Tree Elementary School