Overview
Fully Renovated Legal 3-Family Investment Property in Downtown Jamaica, Queens – 8.4% Cap Rate Potential!Discover this exceptional, fully renovated legal 3-family home in the heart of Downtown Jamaica, Queens—a prime investment opportunity with a strong 8.4% cap rate potential!Property Highlights:? Upgraded from Top to Bottom – Featuring a new roof, siding, plumbing, electrical, windows, kitchens, baths, and flooring for worry-free ownership.? Flexible Layout – Configured as a 1-bedroom, 2-bedroom, and 3-bedroom rental, maximizing income potential.? Separate Utilities – Each unit has its own boiler and water tank, ensuring tenant convenience and cost efficiency.? Parking & Storage – Includes a two-car garage and a full basement with a separate entrance for added functionality.? Unbeatable Location – Just minutes from the E, J, Z trains, LIRR, and AirTrain, making commutes seamless. The AirTrain connects to JFK Airport in just 10 minutes!? Thriving Downtown Jamaica – Surrounded by new high-rises, trendy eateries, shopping, and a growing business hub, offering an ideal live-work-play environment.Whether you’re an investor seeking strong cash flow or an owner-occupant looking for rental income, this turnkey property is a rare find in a rapidly revitalizing neighborhood!