111-18 124th Street, South Ozone Park, NY 11420
Local realty services provided by:CENTURY 21 Hire Realty
Listed by: dayna walsh
Office: keller williams realty empire
MLS#:1001645
Source:OneKey MLS
Price summary
- Price:$789,000
- Price per sq. ft.:$880.58
About this home
Investor’s dream in the heart of Richmond Hill! This legal 2-family property offers the perfect opportunity for immediate use, future income potential, and long-term appreciation. Currently configured as a spacious single-family home, the layout can easily be converted back to a true 2-family setup, making it ideal for rental income, multi-generational living, or maximizing cash flow.
Best of all, the major expenses have already been taken care of. Within the last 4 years, the property has been upgraded with a new roof, new windows, updated siding, chimney lining system, tankless water heater, renovated kitchen, and beautiful paver work — saving investors thousands in future capital improvements. The owner also added front pavers creating valuable private parking, a premium feature that adds both convenience and desirability for future tenants or owners.
The home is currently set up as a 3-bedroom residence with an additional bonus room off the kitchen, offering flexibility for a home office, mud room, extra bedroom, or expanded living space. The property also features a private entrance to the basement apartment, creating even more possibilities for extended family living, guest space, or additional income potential. An attic with pull-down stairs provides added storage and functionality.
Located in a high-demand Queens neighborhood close to transportation, shopping, schools, major highways, and JFK Airport, this is the type of property investors wait for — structurally sound, move-in ready, low-maintenance, and loaded with upside potential. Whether you’re looking to live in one unit and rent the other, expand your portfolio, or create strong future equity, this property is a smart investment that checks all the boxes....
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Home facts
- Year built:1930
- Listing ID #:1001645
- Added:1 day(s) ago
- Updated:May 19, 2026 at 06:49 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Kitchen Description:Pantry, Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:896 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1930
- Building area:896 sq. ft.
- Lot area:0.05 Acres
- Architectural Style:Colonial
Schools
- High school:Contact Agent
- Middle school:Call Listing Agent
- Elementary school:Contact Agent
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$789,000
- Price per sq. ft.:$880.58
- Tax amount:$4,156 (2025)
Features and amenities
- Appliances:Refrigerator, Tankless Water Heater
- Laundry features:Washer/Dryer Hookup
- Amenities:Open Floorplan, Smart Thermostat
Parking
- Total parking spaces:1
- Parking description:Private
- Garage:Yes
- Garage spaces:1
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