Buy with Yoreevo
$1,169,175
List Price: $1,190,000
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5005 108th Street
House in Corona •  building info
7bd • 2ba • 1,667ft² $714 per ft²
Buy with Yoreevo

$1,169,175

List Price

$1,190,000

Key Details
Days on market
12
Last price change
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Estimated payment
$7,008/mo
Taxes
$587/mo
Maintenance
N/A
Description
Excellent opportunity to own a legal two-family home in a prime Corona location. Ideal for both end-users and investors, this property offers strong income potential, low holding costs, and future upside. Situated on a 17 x 100 lot with a 17 x 50 building size, and located in an R6B zoning district, this property offers potential for extension or future redevelopment opportunities. Annual property tax is only $7,045. The home is configured with separate utilities, including 3 electric meters, 2 gas meters, and separate boilers, making management more efficient and flexible. The first floor features 3 bedrooms and 1 bathroom, with direct access to the backyard, and will be delivered vacant. Estimated rental income is approximately $3,000/month. The second floor offers 4 bedrooms and 1 bathroom, currently rented for $3,000/month, and can be delivered vacant if needed. There is also a full basement with generous space, offering flexible use. Current return is approximately 5%, making this an attractive option for investors. Whether you choose to live in one unit and collect rental income from the other, or fully maximize the property as an investment, this home offers excellent versatility. Conveniently located near supermarkets, restaurants, and shops, with easy access to the 7 train, major highways, Corona Park, Costco, and LaGuardia Airport. A rare find in Corona with low taxes, dual rental income, and expansion potential.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,190,000
Asking Price: $1,190,000
Term
30 Years
Down Payment
$119,000 (10%)
Min: 10% (119,000)
Rate
6.0 %
Mortgage Amount
$1,071,000
Mortgage Payment
$6,421
Taxes
$587
Estimated Yoreevo rebate
$20,825
Estimated closing cost
$44,000
Total monthly cost $7,008
Buy your dream home with us and get an estimated $20,825 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Chase Global Realty Corp

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