0 Lockwood CtQueens, NY 11414

Exceptional investment opportunity: a two-unit multifamily property located in Queens, NY, specifically in the desirable Hamilton Beach/Howard Beach area, is now available for $1,250,000. This 1920-built colonial-style home boasts a total of 4,715 square feet on a 4,715 square foot lot, with 1,984 square feet of net rentable space. The property features two units, offering flexibility for owner-occupancy and rental income. The main residence is a spacious three-bedroom, two-bathroom home, while a charming studio apartment in the lower level provides additional living space or rental potential. Enjoy breathtaking 180-degree waterfront views and the convenience of a private dock, a rare find in this coveted location. The property is situated on a private block, surrounded by protected wetlands, ensuring privacy and tranquility. The ground elevation is 7 feet. While some updating may be needed, this presents a unique chance to create a personalized waterfront oasis. The property is zoned R3A. This property offers significant potential as a primary residence, vacation home, or lucrative investment opportunity, combining the allure of waterfront living with the benefits of multifamily income generation. Don't miss this chance to own a piece of waterfront paradise.