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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,088 sqft
Price per Sqft $965
MLS Listing ID 1033418
Style A-Frame
Bedrooms 5
Full Baths 2
HOA Y/N No
Rental Info No
Year Built 1920
Annual Tax Amount $6,369
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Single Family Residence
Source onekey2
Property Description
The property generates $91,200 in annual gross rental income, with approximately $6,450 in annual property taxes and $2,000 in annual insurance expenses. Electricity, Water, Landscaping are paid directly by the tenant, helping keep the owner's operating expenses low.
This well-maintained 5-bedroom home features a spacious first floor with a living room, eat-in kitchen, one bedroom, and full bathroom. The second floor and attic offers four additional bedrooms. The full basement includes a second full bathroom and provides flexible space for recreation, storage, or other permitted uses.
Additional features include a private driveway and one-car garage. Conveniently located near St. John's University, with strong rental demand and access to local transportation, shopping, dining, and neighborhood amenities.
A strong opportunity for investors seeking an income-producing residential asset in Fresh Meadows with substantial current rental income and favorable operating expenses.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Natural Gas
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Appliance Gas Cooktop, Gas Oven
Exterior
Parking Features Driveway, Garage
Garage Spaces 1.0
Utilities Available Electricity Available
Garage true
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Ps 131 Abigail Adams
Middle Schools Cambria Heights Academy
High Schools Queens 29
School District Queens 29
Others
Senior Community No
Special Listing Condition None
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