Welcome to 75-21 Myrtle Avenue, a 3 family mixed-use property located in the vibrant Glendale neighborhood, known for its high foot traffic and strong rental demand. This semi-attached brick building offers a prime investment opportunity with a current annual rental income of $123,000 and a cap rate of 6.25%. The property features two spacious 2 bedroom apartments over a 1 bedroom apartment, plus a commercial storefront on the ground level. An attached 2 car garage adds additional value and convenience. With its solid rent roll and desirable location, this multi-family mixed-use asset is ideal for investors seeking immediate income in one of Queensâ?? thriving commercial corridors.
Details:
Families:
3
Bedrooms:
5
Bathrooms:
3
Property Type:
House
Acres:
0.05
Built:
1920
Financials:
Price:
$1,695,000
Taxes:
$8,774
For More Information Call 718-766-9175 or Contact Agent
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Listing Information provided courtesy of Jamie Realty Group, Davin Dubon - 718-886-0668