71-08 162nd Street

Best Income Investment Target! Sell As-is with tenant in place! "6 of 8 leases expiring soon". Buy LOW NOW, Collect Happy Income SOON, & Sell High in the future. 2003 built modern 8 family in tree lined quiet street in Fresh Meadows prime residential area. High income investment property. 2 duplex apartments on 1st flr & bsmt, plus 6 apartments 2 Br 2 Ba, each unit around 730 SqFt. Zoning R6 Lot 35' X 99' = 3,465 SF, Building 35' X 70' = 2,450 SF, Total 15 Br 16 Ba, plus 2 washers & 2 dryers in the basement. Tax 47,970. Current Market Rental Income is ($2200 X 6 + $2400 X 2) X 12 months = $216,000 per year. After deducting Annual expense $71,000, Projected Annual Net Income is $145,000. near 164 St. supermarkets, restaurants, professional offices, schools, and several bus lines. "Gold Egg Hen Income Property" Conveniently located to everything whatever your daily life needs...