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218-20 112th Avenue, Queens Village, NY 11429

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For Sale

$600,000

4 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

Explore this Property

Welcome to a unique and compelling property opportunity at 218-20 112th Ave, Queens Village, Queens, NY. This is a remarkable short sale listing that comes with the potential for a significant value proposition. As a SHORT SALE it will require bank approval. Property Highlights Property Type: Two-Family House (Currently Configured as a Single Family) Short Sale Opportunity (Bank Approval Required) Cash Deals Preferred, Financing Also Acceptable 4 Bedrooms 2 Full Bathrooms Full Bathroom in Finished Basement Kitchen Space on Both Floors Renovation Potential for a Studio or 1-Bedroom Apartment on the First Floor Kitchen Pipes Still in Place on the Second Floor for Easy Reconversion Description: The 218-20 112th Ave residence offers a truly unique investment opportunity. This two-family house, currently configured as a single-family home, can be tailored to meet your specific needs or serve as a lucrative real estate investment. However, please note that this sale is a short sale, and the final transaction is contingent on the approval of the lending institution. The main floor features a full bathroom and a kitchen space that can be easily transformed into a studio or a 1-bedroom apartment. This adaptable space is perfect for extended family living or generating rental income. Upstairs, you'll find four spacious bedrooms and a full bathroom. Although the kitchen space has been converted into an extra bedroom, the kitchen's plumbing is still intact, simplifying the process if you wish to restore it. The finished basement is a versatile space with a full bathroom, adding even more value and potential to this property.
MLS# 6273970

Listed By CENTURY 21 Scope Realty

Property Features

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Map and Directions

Directions to 218-20 112th Avenue, Queens Village, NY 11429

Home seller Meet the Agent,
Samantha Simantiris

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Samantha Simantiris

of CENTURY 21 Scope Realty

(561) 568-5166
Learn More About Me

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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