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Single Family House for Sale in Maspeth, New York, Queens, NY 11378 | Web ID: 989753 | $1,799,999

6042 55th Street , Maspeth , NY 11378

 
Single Family in New York - 55th Street  Queens, NY 11378Single Family 55th Street  Queens, NY 11378, MLS-989753-2Single Family 55th Street  Queens, NY 11378, MLS-989753-3Single Family 55th Street  Queens, NY 11378, MLS-989753-4Single Family 55th Street  Queens, NY 11378, MLS-989753-5Single Family 55th Street  Queens, NY 11378, MLS-989753-6Single Family 55th Street  Queens, NY 11378, MLS-989753-7Single Family 55th Street  Queens, NY 11378, MLS-989753-8Single Family 55th Street  Queens, NY 11378, MLS-989753-9
 

Property Description

Income-producing Mixed-use Property In The Heart Of Maspeth Featuring A Vacant Ground-floor Commercial Space And Residential Units Above, Offering Strong Income Potential And Value-add Opportunity. The Commercial Unit Is Equipped With An Existing Hood And Gas Line, Making It Suitable For A Variety Of Uses (subject To Tenant Verification And Approvals). The Vacancy Of The Commercial Space Allows A New Owner To Set Market Rent And Maximize Returns. The Upper Level Consists Of Two Residential Units Currently Occupied On A Month-to-month Basis, Providing Immediate Income With Flexibility For Future Adjustments. The Property Also Includes Additional Income From Garage Spaces. Recent Upgrades Include A Newly Installed Roof (under Warranty) And A Boiler Less Than One Year Old, Reducing Near-term Capital Expenditures. Projected Income Potential Is Estimated To Exceed $10, 000/month Based On Market Conditions And Achievable Rents. Buyers Are Encouraged To Perform Their Own Due Diligence Regarding Income, Expenses, And Permitted Use. Located In A High-demand Area Of Maspeth With Convenient Access To Major Transportation Routes, This Property Presents An Excellent Opportunity For Investors Seeking Stable Income With Upside Potential.

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Maspeth
Prop. Type Single Family House for Sale
Tax $6,236.00
Bedrooms 3
Total Baths 2
Full Baths 2
Year Built 1920
Basement None
Construction Other
Total Units 3
Lot SqFt 2,525
Cooling Varies by Unit
Heat Source Natural Gas, Other
Util Incl See Remarks
Days On Market 9
Parking Features Other
Tax Assessed Value 64680
Units 3
Features Other
Listing information courtesy of: Loyaltty Inc

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