Report Listing

Home For Sale

Picture of Home For Sale in Richmond Hill, New York, United States

$1,250,000

26 And 26a Robin Rd
Richmond Hill, New York, United States

6bd 4ba

Listed By: Realtyww Info

Listed On: 05/20/2023

Listing ID: GL10464723 View More Details

Description

Welcome to this exceptional two multi-unit houses situated on a single lot, boasting two distinct buildings that offer the perfect blend of comfort and convenience, within minutes to Verrazano Bridge. This property presents an incredible opportunity for both investors and families looking for a multi-generational living arrangement. The first building labeled as 26A showcases two inviting and well designed apartments. Each apartment features two bedrooms and 1 bath. The first apartment provides a monthly rent of $2650 including all utilities, ensuring a hassle-free experience for tenants. The second apartment also contains two bedrooms and one bath and offers a competitive monthly rent of $2600 with all utilities included as well. Moving on to the second building, the first apartment presents two beds and one bath providing a cozy living environment for occupants. With a monthly rent of $2520 all utilities are included. The second apartment offers a monthly rent of $1750 with tenants responsible for their own utility expenses. This incredible property generates an impressive gross income of $115, 728 annually, ensuring a solid return on investment, with an annual expense of $25, 000. Whether you're an investor seeking a lucrative opportunity or a family searching for a multi-family home with the potential for additional rental income, this multifamily property is a remarkable find. Take advantage of this unique offering and embrace the benefits of comfortable living spaces, inclusive utilities, and the potential for a rewarding financial future.

For more details:

Listed by: Coldwell Banker Reliable Real Estate
Source: The World Property Journal

Advertisement

Other Properties Near Richmond Hill