39-18 108th Street

Corona

SOLD

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Description

Young brick, steel, and concrete legal 4 family, with Tax Abatement ($1,443 yearly taxes) for 8 more years. Tenants pay all utilities (separate boilers, and all separate meters) Within 75 ft to Roosevelt Ave and 7 train. Residential property that can be purchased with a residential loan located on R6b zoning with commercial zoning overlay (C1-4) with the possibility to convert it to maximize the investment value in the future (Check with your architect) Busy location great for a mixed used 2 family and store/office which is taxed as a 2 family. Great investment in top location. Low maintenance and expenses. Perfect 1031 exchange property. The layout is as follows (floorplans available): full unfinished basement with 4 heating systems, sprinklers, open room and door to yard; 1st Fl contains garage and a 2br apt (vacant); 2nd fl is a 3br/2fbth and 2 balconies apartment with access to yard (vacant): 3F is a 2br (vacant) and 3R is a 2br (occupied). Could be vacant on title.

Additional Amenities: Oven, Refrigerator

Listing Courtesy of keller williams rlty landmark