5005 108th ST Corona, NY 11368
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 984600
Bedrooms 7
Full Baths 2
Rental Info No
Year Built 1925
Annual Tax Amount $7,045
Lot Size 1,668 Sqft
Acres 0.0383
Property Sub-Type Duplex
Source onekey2
Property Description
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.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Other
Heating Hot Water, Oil, Other
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 14 Fairview
Middle Schools Is 61 Leonardo Da Vinci
High Schools Queens24
School District Queens24
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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