![[Jamaica Real Estate, listing number 7333179]](https://www.vlshomes.com/images/full/7333179a.jpg)
| Description: 7333179 | |
| Turnkey 12-unit investment opportunity in Queens! Built approximately four years ago, 164-11 Highland Avenue generates over $30,000 per month in gross income, with strong rent collections, minimal operating expenses and exceptionally low property taxes. Producing an approximate $300,000 NOI and offered at approximately a 7% cap rate, this modern, stabilized multifamily asset delivers immediate cash flow with low-maintenance ownership. | |
Details: |
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| Families: | 12 | |
| Property Type: | House | |
| Acres: | 0.18 | |
| Built: | 2018 | |
| School District: | Queens 28 | |
Financials: |
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| Price: | $4,300,000 | |
| Taxes: | $3,694 | |
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