1524 124th Street, College Point, NY 11356

$1,025,000
12
BD
6
BA

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List Price
$1,025,000
MLS#
1028365
Status
ACTIVE
Bedrooms
12
Bathrooms
6
Lot Size
5000

Property Description

Rare investment opportunity in the heart of College Point! This fully detached, three-story, six-family building sits on a generous 5,000 sq. ft. lot and offers incredible income-producing potential. The property features 12 bedrooms, 24 total rooms, 6 kitchens, 6 full bathrooms, and a full basement. Each apartment consists of 2 bedrooms, a living room, a kitchen, and a full bathroom. Five of the six units will be delivered vacant at closing, providing a rare opportunity for an investor or end user to renovate, set market rents, or customize the building to their needs. Only one unit will remain occupied.Includes a 2-car garage, a big backyard, and plenty of extra parking. This property requires a full renovation and is ideal for buyers with vision looking to restore and maximize its value. Opportunities like this are hard to find in College Point. Conveniently located near shopping, restaurants, public transportation, schools, and major highways.

Additional Information

Year Built
1931
Style
Colonial
School District
Contact Agent
Taxes Total
18435
Heating
Baseboard, Other
Parking
Carport, Detached
Basement
Partially Finished
Water
Public
Sewer
Public Sewer
Taxes
$18,435

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Imran Khan (info@ikrealtyteam.com) from Listing Office: Realty Executives Today.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.