8604 58th Ave Unit 3
Listing Notes
Rare Elmhurst Investment Opportunity! This immaculate, detached 3-family brick building (built 2005) is a dream asset for investors or owner-occupants looking for a live-and-earn setup. Spanning 2,610 sq ft, the property features a smart multi-family layout with 7 spacious BRs, 6 full BAs, plus a massive finished attic offering exceptional flexibility for storage or a home office. The spacious layout of 2 Bedroom , 2 Bathroom for each level is perfectly catered to the rental demand in the neighborhood. Maximum Cash Flow, Ultra-Low Overhead: The building benefits from incredible property tax exemptions, keeping your fixed monthly expenses remarkably low. Features 4 separate electric meters, shielding the landlord from utility bills as tenants pay their own heat and electricity. Property tax is currently only $1K annually, WOW! Unbeatable Location: Commuter's dream just blocks to the M/R subway lines for a <30 min ride into Manhattan. Steps from Queens Blvd shopping, dining, and parks. Turnkey brick construction with high rental demand and low maintenance. A perfect 1031 exchange asset! Come view your next home today!
Price in context
Cheaper than 17% of the 24 homes listed nearby right now, which run $888,000 to $2,080,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 84-42 57th Ave | $888,000 | 2 bd · 2 ba |
| 8419 57th Ave | $888,000 | Studio |
| 8414 Eliot Ave | $899,000 | 3 bd · 2 ba |
| 6110 84th St | $948,888 | 3 bd · 1 ba |
| 82-56 Eliot Ave | $950,000 | 3 bd · 2 ba |
| 8808 Justice Ave Apt 17J | $968,000 | 2 bd · 2 ba |
| 8719 57th Rd Unit 77 | $989,000 | 3 bd · 2 ba |
| 5750 82nd St | $1,100,000 | 3 bd · 1 ba |
| 60-70 Woodhaven Blvd Unit 3E | $1,275,000 | 5 bd · 4 ba |
| 85-20 53rd Ave | $1,299,000 | 4 bd · 2 ba |
| 88-37 54th Ave | $1,299,000 | — |
| 88-37 54th Ave | $1,299,000 | — |
| 6022 83rd Pl | $1,380,000 | 5 bd · 3 ba |
| 6037 Wetherole St | $1,395,000 | 4 bd · 4 ba |
| 86-06 58th Ave | $1,450,000 | 6 bd · 5 ba |
| 8714 56th Ave | $1,499,000 | 7 bd · 3 ba |
| 8223 Caldwell Ave | $1,499,000 | 5 bd · 2 ba |
| 61-51 84th St | $1,550,000 | 3 ba |
| 54-47 83rd St | $1,550,000 | Studio |
| 8714 56th Ave | $1,599,098 | 7 bd · 3 ba |
| 61-26 Booth St | $1,699,000 | 7 bd · 5 ba |
| 8715 Justice Ave | $1,780,000 | Studio |
| 8433 60th Dr | $1,873,000 | 9 bd |
| 88-08 Justice Ave Ph C | $2,080,000 | 3 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more