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70-02 & 70-04 65 Place Glendale, NY 11385
12 Baths
11,424 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,424 sqft
Price per Sqft $210
MLS Listing ID 11979668
Full Baths 12
Annual Tax Amount $31,906
Property Description
RARE INVESTMENT OPPORTUNITY - TWO WELL-MAINTAINED 6-FAMILY BUILDINGS (12 UNITS & 2 PARKING SPACES) SOLD TOGETHER An exceptional opportunity to acquire two well-maintained 6-family apartment buildings being offered together as one investment package. The properties are in excellent condition and present a strong, income-producing asset for an investor seeking a stable multifamily investment. The combined properties generate approximately $200,000 in annual gross income and offer an approximately 5% capitalization rate. All apartments are currently occupied, providing immediate rental income and eliminating the need for a major lease-up or renovation program. There are also two spacious parking spaces available on the premises for rent. Both buildings have been carefully maintained and are in excellent overall condition. This is a turnkey investment with established rental income and significant long-term potential. A rare opportunity to acquire a 12-unit and 2 parking space multifamily portfolio in a single transaction. Properties like this, combining strong income, excellent condition, and full occupancy, are rarely available as a package. Serious and qualified investors are encouraged to inquire for additional financial and property information.
Location
State NY
County 36081
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 3
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick
Tenisha Davis, Licensed Real Estate Broker
Licensed Real Estate Broker - GRI, ABR, CBR, SFR, SRS - Notary Public