Description
Fully Renovated Legal 3-Family Investment Property in Downtown Jamaica, Queens 8.4% Cap Rate Potential! Discover this exceptional, fully renovated legal 3-family home in the heart of Downtown Jamaica, Queensa prime investment opportunity with a strong 8.4% cap rate potential! Property Highlights: ? Upgraded from Top to Bottom Featuring a new roof, siding, plumbing, electrical, windows, kitchens, baths, and flooring for worry-free ownership. ? Flexible Layout Configured as a 1-bedroom, 2-bedroom, and 3-bedroom rental, maximizing income potential. ? Separate Utilities Each unit has its own boiler and water tank, ensuring tenant convenience and cost efficiency. ? Parking & Storage Includes a two-car garage and a full basement with a separate entrance for added functionality. ? Unbeatable Location Just minutes from the E, J, Z trains, LIRR, and AirTrain, making commutes seamless. The AirTrain connects to JFK Airport in just 10 minutes! ? Thriving Downtown Jamaica Surrounded by new high-rises, trendy eateries, shopping, and a growing business hub, offering an ideal live-work-play environment. Whether you're an investor seeking strong cash flow or an owner-occupant looking for rental income, this turnkey property is a rare find in a rapidly revitalizing neighborhood!
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6BEDS
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0.06ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
Fully Renovated Legal 3-Family Investment Property in Downtown Jamaica, Queens 8.4% Cap Rate Potential! Discover this exceptional, fully renovated legal 3-family home in the heart of Downtown Jamaica, Queensa prime investment opportunity with a strong 8.4% cap rate potential! Property Highlights: ? Upgraded from Top to Bottom Featuring a new roof, siding, plumbing, electrical, windows, kitchens, baths, and flooring for worry-free ownership. ? Flexible Layout Configured as a 1-bedroom, 2-bedroom, and 3-bedroom rental, maximizing income potential. ? Separate Utilities Each unit has its own boiler and water tank, ensuring tenant convenience and cost efficiency. ? Parking & Storage Includes a two-car garage and a full basement with a separate entrance for added functionality. ? Unbeatable Location Just minutes from the E, J, Z trains, LIRR, and AirTrain, making commutes seamless. The AirTrain connects to JFK Airport in just 10 minutes! ? Thriving Downtown Jamaica Surrounded by new high-rises, trendy eateries, shopping, and a growing business hub, offering an ideal live-work-play environment. Whether you're an investor seeking strong cash flow or an owner-occupant looking for rental income, this turnkey property is a rare find in a rapidly revitalizing neighborhood!
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-05-21T08:18:32.853.