Description
Legal quadruplex semi-detached building on a quiet residential block in Astoria, near transportation and just 15 minutes to Midtown Manhattan. Close to the waterfront and Astoria Cove. Layout: 1st Floor: Studio + utilities room 2nd Floor: 3 bedrooms, 2 full baths, LR, kitchen 3rd Floor: Two 1-bedroom units, each with kitchen, LR/DR & balcony Features multiple balconies, 1 indoor garage, and 3 outdoor parking spaces. All units rented with excellent tenants. Gross Income: $120,600/year Annual expenses (paid by landlord): Taxes: $10,000 Heat & cooking gas: approx. $11,000 Water: approx. $6,000 Insurance: approx. $4,500 Actual CAP Rate: 5.2%
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Legal quadruplex semi-detached building on a quiet residential block in Astoria, near transportation and just 15 minutes to Midtown Manhattan. Close to the waterfront and Astoria Cove. Layout: 1st Floor: Studio + utilities room 2nd Floor: 3 bedrooms, 2 full baths, LR, kitchen 3rd Floor: Two 1-bedroom units, each with kitchen, LR/DR & balcony Features multiple balconies, 1 indoor garage, and 3 outdoor parking spaces. All units rented with excellent tenants. Gross Income: $120,600/year Annual expenses (paid by landlord): Taxes: $10,000 Heat & cooking gas: approx. $11,000 Water: approx. $6,000 Insurance: approx. $4,500 Actual CAP Rate: 5.2%
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