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39-18 108th Street
House in North Corona •  building info
9bd • 5.5ba • 3,600ft² $458 per ft²
Sold price

$1,650,000

Key Details
Days on market
197
Last price change
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Estimated payment
$9,506
Taxes
$120
Monthly maintenance
N/A
Description
Young brick, steel, and concrete legal 4 family, with Tax Abatement ($1,443 yearly taxes) for 8 more years. Tenants pay all utilities (separate boilers, and all separate meters) Within 75 ft to Roosevelt Ave and 7 train. Residential property that can be purchased with a residential loan located on R6b zoning with commercial zoning overlay (C1-4) with the possibility to convert it to maximize the investment value in the future (Check with your architect) Busy location great for a mixed used 2 family and store/office which is taxed as a 2 family. Great investment in top location. Low maintenance and expenses. Perfect 1031 exchange property. The layout is as follows (floorplans available): full unfinished basement with 4 heating systems, sprinklers, open room and door to yard; 1st Fl contains garage and a 2br apt (vacant); 2nd fl is a 3br/2fbth and 2 balconies apartment with access to yard (vacant): 3F is a 2br (vacant) and 3R is a 2br (occupied). Could be vacant on title. Additional Amenities: Oven, Refrigerator

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Building Amenities
Garage Parking
Parking Available
History
What it'll cost
Purchase price
$1,650,000
Asking Price: $1,650,000
Term
30 Years
Down Payment
$165,000 (10%)
Min: 10% (165,000)
Rate
6.5 %
Mortgage Amount
$1,485,000
Mortgage Payment
$9,386
Taxes
$120
Estimated closing cost
$58,000
Total monthly cost $9,506
Listing Courtesy of Keller Williams Rlty Landmark

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