90-22 179th Street, Jamaica, NY 11432

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List Price
$1,099,999
Days on Market
19
MLS#
1049977
Status
ACTIVE
Property Type
Duplex
Year Built
1925
Property Tax
$7,062
School District
Queens 29
High School
Cambria Heights Academy
Jr. High
Is 238 Susan B Anthony Academy
Elementary School
Ps 35 Nathaniel Woodhull

Property Description

INVESTOR OPPORTUNITY IN PRIME JAMAICA! This income-producing property is fully tenant-occupied and currently generates nearly $10,000 per month in gross rental income. Established long-term tenants are currently on month-to-month leases with rents close to current market levels, offering an excellent opportunity for an investor looking to add a strong income-producing asset to their portfolio. The property features a finished full basement with walk-out access, shared driveway, and parking in the rear. Solar panels are leased through Sunrun at $128 per month plus applicable taxes with ACH autopay. Seller intends to transfer the lease to the buyer at closing, subject to Sunrun approval. Conveniently located near Hillside Avenue with easy access to shopping, restaurants, public transportation, major roadways, and neighborhood amenities. A rare opportunity to acquire an established rental property with immediate income in a highly convenient Queens location. Rent roll and additional financial information available upon request.

Additional Information

Bedrooms
7
Bathrooms
4
Full Baths
4
Acres
0.06
Parking
Driveway, On Street, Open, Shared Driveway
Basement
Finished, Full, See Remarks, Walk-Out Access
Laundry
Other
Heating
Natural Gas, Other
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bisendra M. Melaram AHWD MRP PSA S (bisendra@kw.com) from Listing Office: Keller Williams Realty Greater.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.