9231 55Th AveElmhurst, NY 11373

Property Details for 9231 55Th Ave

Property type

Mixed-use properties

Description

This exceptional mixed-use investment property, located at 9231 55th Ave in Elmhurst, NY 11373, presents a compelling opportunity. Situated on a generous 40x100 lot (0.09 sq ft), this three-family home boasts a total of 3360 square feet and offers seven bedrooms and five bathrooms. The property features a finished basement, a family room, and a boiler room, providing ample space and functionality. The first floor comprises two bedrooms, two bathrooms, a living room, and a dining room. The second floor mirrors this layout, also including two bedrooms, two bathrooms, a living room, dining room, and kitchen, and benefits from two separate electric/gas meters. The third floor offers two bedrooms and one bathroom. All floors have separate entrances, enhancing privacy and potential rental income streams. The property's convenient location is a significant advantage, offering easy access to the E, M, and R subway lines and numerous bus routes, providing direct transportation to Manhattan. With ample parking for five or more cars, this property is ideally positioned for strong rental demand and future appreciation. The asking price is $1,788,888. This is a rare opportunity to acquire a substantial mixed-use property in a thriving Elmhurst neighborhood, close to Queens Center Mall.

Location Insight

City

Elmhurst

County

36081

State

New York

Latitude

40.7377

Longitude

-73.8693

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