INVESTOR OPPORTUNITY IN PRIME JAMAICA! This income-producing property is fully tenant-occupied and currently generates nearly $10,000 per month in gross rental income. Established long-term tenants are currently on month-to-month leases with rents close to current market levels, offering an excellent opportunity for an investor looking to add a strong income-producing asset to their portfolio. The property features a finished full basement with walk-out access, shared driveway, and parking in the rear. Solar panels are leased through Sunrun at $128 per month plus applicable taxes with ACH autopay. Seller intends to transfer the lease to the buyer at closing, subject to Sunrun approval. Conveniently located near Hillside Avenue with easy access to shopping, restaurants, public transportation, major roadways, and neighborhood amenities. A rare opportunity to acquire an established rental property with immediate income in a highly convenient Queens location. Rent roll and additional financial information available upon request.
| MLS # | 1049977 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 63 |
| Listing Provided By | Keller Williams Realty Greater | Nazmus Sakib |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,352 |
| Garage | 1 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.06 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Other |
| Interior Features | Other |
| Construction Materials | Frame |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway, On Street, Open, Shared Driveway |
| Utilities | Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 63840 |
| Tax Annual Amount | 7062.04 |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11432 |
| School District | Cambria Heights Academy |
| Elementary School | Ps 35 Nathaniel Woodhull |
| High School | Cambria Heights Academy |
| Listing VS Median (in 11432) | |
Price: $1,099,999 low | high Med: $322,000 sqft: 2,352 low | high Med: 947 $ / sqft: $468 low | high Med: $341 On site: 63 low | high Med: 454.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11432 |
| School District | Cambria Heights Academy |
| Elementary School | Ps 35 Nathaniel Woodhull |
| High School | Cambria Heights Academy |
| Listing VS Median (in 11432) | |
Price: $1,099,999 low | high Med: $322,000 sqft: 2,352 low | high Med: 947 $ / sqft: $468 low | high Med: $341 On site: 63 low | high Med: 454.5 | |
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