24011 144th Avenue, Rosedale, NY 11422

$849,000
6
BD
3
BA

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List Price
$849,000
Days on Market
7
MLS#
1033475
Status
ACTIVE
Bedrooms
6
Bathrooms
3
Lot Size
3000

Property Description

Excellent investment opportunity in the highly sought-after neighborhood of Rosedale! This well-maintained two-family home features 3 bedrooms over 3 bedrooms, plus a finished basement. The first floor and finished basement are currently tenant-occupied on a month-to-month basis with no lease, while the vacant second-floor unit offers 3 bedrooms, 1 full bathroom, and a finished attic, making it ideal for an owner-occupant or an investor seeking immediate rental income. The property is currently generating approximately a 3% cap rate, with the potential to increase to nearly 6% by renting the vacant second-floor unit at market value. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property offers exceptional upside potential. Conveniently located near shopping, schools, parks, public transportation, and major highways, this is a rare opportunity to own a solid income-producing property in one of Queens' most desirable neighborhoods. The seller is motivated and looking for a qualified buyer to take advantage of this exceptional investment opportunity. Don't miss your chance to own this Rosedale gem!

Additional Information

Year Built
1925
School District
Queens 29
Elementary School
Ps/Ms 138 Sunrise
Middle School
Collaborative Arts Middle School
High School
Excelsior Prep High School
Taxes Total
6353
Heating
Baseboard, Hot Water
Parking
Driveway
Basement
Finished
Water
Public
Sewer
Public Sewer
Taxes
$6,353

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nicholas R. Charles (ncharles.realestate@gmail.com) from Listing Office: Global Xchange Realty, LLC.

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.