Welcome to this tree line beautiful brick 2-family home located in the center of Astoria, Ditmars-Steinway neighborhood. The first floor consists of oversized 3 bedrooms and 1 full bathroom. Fully finished basement with washer and dryer and access to private backyard. Second floor consists of spacious 2 bedroom and 1 full bathroom. Full kitchens on both the 1st and 2nd floor. Great opportunity to own your first primary home or use it as a high-income investment property. The property has the potential to generate $5,500/mo. rent income. First floor plus basement can be rented for $3,000/mo. The second floor can be rented for $2,500/mo. Estimate ~5% Cap rate. The property will be delivered vacant. There is much to enjoy in this culturally diverse neighborhood. Convenient to great restaurants, bars, shops and supermarkets. Close to the world-famous Greek restaurant Taverna Kyclades and Martha's Country Bakery. Walking distance to N/W train with 15 minutes commute to Manhattan midtown.
Listing courtesy of Nest Seekers LLC.
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