3446 107th Street

Corona, NY 11368

Attention investors! This well-maintained, semi-detached 3-family property in the vibrant neighborhood of Corona offers a turnkey investment opportunity with no vacancy downtime. Completely renovated in 2016, this solid building features two stories plus a finished basement with a private entrance. With a detached 2-car garage at the rear, this property has the potential for even more rental income or added convenience for tenants. The layout includes: - First Floor: Spacious 5-bedroom, 2.5-bathroom unit perfect for larger households. - Second Floor: Two separate units, both offering comfortable living spaces with natural light flooding in through the windows of every room, thanks to the semi-detached design. - Finished Basement with separate entrance, offering potential for additional use or storage. The building is fully equipped with separate utilities, including 4 electric meters, 4 gas meters, and 4 boilers, allowing tenants to cover their own utilities. This setup ensures low overhead for the landlord, making it a highly efficient, hassle-free investment. All units are occupied with reliable tenants on month-to-month leases, providing immediate cash flow with zero vacancy downtime. Conveniently located near public transportation, popular dining spots, and a wide range of retail stores, this property offers unmatched convenience for tenants and is in a high-demand rental area. With a solid 6% cap rate, this is an ideal property to add to your investment portfolio, providing both strong returns and long-term value.

Listing courtesy of Winzone Realty Inc susanyee1610@yahoo.com


Based on information submitted to the MLS GRID as of 2025-04-19 03:45 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.