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Are you tired of excuses? Do you want results? Call me! I make Deals not excuses while others hide offers from other Agents, while waiting to get an inside deal!
A fantastic 3 family building in the heart of the legendary Astoria! This Renovated 3/2 3/2 over 4/2 boasts a truly spacious footprint of 25 x 52 giving a 2600 square foot 1st floor duplex supported by two 3 bedroom 2 bathroom 1300 square foot apartments on the second and third floors. The 1st floor duplex has a private rear Yard with a custom built BBQ as well as a 320 Square foot balcony looking down on the yard!. The Spacious entertaining area is currently rented out as well as the two 3 Bedroom units allowing for a generous income of 130,800.00 for this year alone. With all leases at 1 year term and a Yearly increase of 6 % annual The new owner will prosper from the prior Building manager’s efforts greatly allowing for a ROI of approx 5.5 percent this year and 6.2 percent the following.
The Electric and Gas are paid by the Tenants while the PHP is locked at 15% for gas and 3 % electric.
ie: your yearly expense on Gas and electric is about 1500 Annual.
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