3910 201St StBayside, NY 11361

This exceptional investment opportunity presents a fully occupied, five-unit multifamily building situated on a quiet dead-end street in the desirable Bayside neighborhood of Queens, New York. The property boasts a substantial 2,640 square feet of living space spread across five units, all currently leased. The building sits on a conveniently sized 0.08-acre lot, offering ample space and privacy. Recent renovations have enhanced the property's appeal and functionality, contributing to its strong rental income. The property's location offers easy access to the LIRR Auburndale station, providing convenient commuting options. Nearby amenities and services are readily available, enhancing the desirability of the units for tenants. The current annual rental income generates a capitalization rate exceeding 6%, showcasing a strong return on investment. Further income potential exists through the addition of garage and parking space rentals, projected to yield approximately $10,000 annually. This presents a significant opportunity for increased profitability. All financial information provided is believed to be accurate, however, prospective buyers are strongly encouraged to conduct their own due diligence and verification. Proof of funds will be required prior to any property showings. Please respect the privacy of the tenants and refrain from disturbing them. This is a rare opportunity to acquire a well-maintained, income-producing property in a prime location.