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10418 Jamaica Avenue, Richmond Hill, NY, 11418

4beds
2baths
1,670sqft
$1,328,000
$795price/sqft
$8,251/moest. monthly cost
$330,040/yrincome needed

About This Home

CALLING ALL INVESTORS! CASH FLOW KING- extremely low property tax and great tenants. Look no further! Excellent opportunity for investors! This fully rented well-maintained brick mixed-use building features a high-visibility store front and TWO residential units with 2 bedrooms and 1bathroom. Fully updated and renovated 6 years ago with new windows, electrical and heating system. Perfectly situated in a high-density area with both foot and vehicle traffic. Tenants enjoy the convenience of separated meters for both gas and electric. Long term and stable tenants already in place, providing immediate rental income from day one with current Cap rate of 5.5%. Don't miss this rare opportunity for a stabilized asset and great addition to your portfolio.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
53
BikeBikeable

Schools

8/10
Ps 66 Jacqueline Kennedy OnassisGrades PK-50.3 mi
5/10
Jhs 210 Elizabeth BlackwellGrades 6-80.8 mi
4/10
Richmond Hill High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Other

Heating & Cooling

  • Heating features: Baseboard,Other
  • Cooling features: Ductless,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,670
  • Total interior livable area: 1,670 sqft

Property

Details

  • Parcel number: 092890008
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 2,238 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes