Opportunity Knocks ! Excellent income property , well maintained by owners ; boiler only 4 years old and is dual use can be gas or oil ; roof is 5 years old and is in great condition free of leaks ; newly installed intercom; each apartment has is own circuit breaker box ; newly cemented front & side walks, new entrance door & new apartments doors . Building contains 20 units all are 1 bedroom apartments ; (1) unit is occupied by live in super . Annual income is * $283,335.00.Total expenses are $ 91,447.88 ; Net Income $ 191,907.12 . * Annual Income without applying preferential rates is $ 313,736.28 meaning building has great potential rent upside at rent renewal. Convenient location near all transportation and shopping . WAITING FOR THE INVESTOR WITH VISION TO TAP FULL POTENTIAL OF THIS INVESTMENT PROPERTY! GOING ! GOING ! GONE !...........................
† 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.
located at 40-15 99th St, Corona, NY
is currently for sale.
40-15 99th St, Corona is listed
CENTURY 21 Real Estate
This property has 20 bedrooms, 20 full bathrooms, and approximately 11,164 square feet, and Lot Size of approximately 0.09. The property was built in 1931.
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