$ 789,000
-
$789,000
Price -
3
Bed -
2
Bath -
896
SqFt
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About the Listing KLLR01 - 507082
Investor’s dream in the heart of Richmond Hill! This legal 2-family property offers the perfect opportunity for immediate use, future income potential, and long-term appreciation. Currently configured as a spacious single-family home, the layout can easily be converted back to a true 2-family setup, making it ideal for rental income, multi-generational living, or maximizing cash flow. Best of all, the major expenses have already been taken care of. Within the last 4 years, the property has been upgraded with a new roof, new windows, updated siding, chimney lining system, tankless water heater, renovated kitchen, and beautiful paver work — saving investors thousands in future capital improvements. The owner also added front pavers creating valuable private parking, a premium feature that adds both convenience and desirability for future tenants or owners. The home is currently set up as a 3-bedroom residence with an additional bonus room off the kitchen, offering flexibility for a home office, mud room, extra bedroom, or expanded living space. The property also features a private entrance to the basement apartment, creating even more possibilities for extended family living, guest space, or additional income potential. An attic with pull-down stairs provides added storage and functionality. Located in a high-demand Queens neighborhood close to transportation, shopping, schools, major highways, and JFK Airport, this is the type of property investors wait for — structurally sound, move-in ready, low-maintenance, and loaded with upside potential. Whether you’re looking to live in one unit and rent the other, expand your portfolio, or create strong future equity, this property is a smart investment that checks all the boxes.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Refrigerator, Tankless Water Heater
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other: Open Floorplan,Pantry,Recessed Lighting,Smart Thermostat,Washer/Dryer Hookup
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: 1 car
- Parking Spaces: 1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Private
Financial Details
- Tax Amount: $4,156
- Taxes w/Assessments: N/A
- Tax/Property ID: 11628-0015
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
11118 124th St South Ozone Park, NY 11420
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