PRIME BRICK 3-FAMILY: THE ULTIMATE HOUSE OR TURNKEY INVESTMENT | $1,349,000
Built in 2007 and perfectly situated in a high-demand corridor between Hillside Avenue and Jamaica Avenue, this meticulously maintained 8-bedroom, 3-bathroom brick multi-family is a rare, cash-flowing gem. Whether you are looking to live mortgage-free or seeking a low-maintenance, high-yield asset to add to your portfolio, this property is engineered for financial performance.
For the Smart Owner-Occupant House
Imagine living in a premium, solid-brick home while your tenants pay the mortgage. You can occupy one of the spacious, hardwood-floored units and use the aggressive rental income from the remaining floors to completely offset your living expenses. With three distinct residential levels and a high-ceiling finished basement featuring two separate exterior entrances, the layout offers incredible flexibility for privacy, extended family, or multigenerational living.
For the Savvy Investor
This is a true turnkey investment designed for maximum net operating income. The property features remarkably low taxes and fully separated utilities to keep landlord expenses at an absolute minimum. With 4 electric meters, 3 gas meters, 3 individual boilers, and 3 hot-water tanks, tenants are responsible for their own heating and energy usage. Simply close, collect rent, and enjoy the strong ROI in an area with relentless rental demand.
Property Highlights
Big Layout: 8 Bedrooms | 3 Full Bathrooms across three residential floors.
Turnkey Condition: Built in 2007 with solid hardwood floors throughout.
Separated Utilities: 4 electric meters, 3 gas meters, 3 boilers, and 3 hot-water tanks (low landlord expenses).
Bonus Space: High-ceiling finished basement with 2 separate exterior entrances.
Parking Potential: Space for 2 cars in the front (subject to DOT approval/permissions).
Financial Edge: Exceptionally low taxes in a prime, high-demand location.
Disclaimer: Buyer and buyer's agent to independently verify all information, including legal use, taxes, dimensions, zoning, permits, basement status, and parking/DOT requirements.