Property Description

Forget everything you've seen in the renovated category - this is the rare one done right. A fully gut-renovated semi-detached two-family on a quiet Maspeth block, delivering over 1,990 sq ft of finished living space plus a full finished basement, with zero corners cut. Two beautifully designed units - each with its own kitchen, full bath, separate boiler, hot water heater, and electrical panel - means you live in one and collect rent from the other, or house extended family with complete privacy. Both units are separately metered, so each occupant handles their own utilities. Cap rate approx. 6.5%. The craftsmanship here is the story: 3/4-inch solid hardwood floors throughout every level, all-copper plumbing (including a new underground sewer line to the street), brand-new insulation and drywall, three full bathrooms with premium fixtures, and solid interior doors. The kind of bones that hold up for decades - not the flipped-and-filmed variety. Zone heating lets each floor run independently. New roof. Energy-efficient windows throughout. Full electrical systems replaced, with two separate panels. Three security cameras included. This home is genuinely move-in ready - bring your furniture. Steps from Juniper Valley Park, with express bus service to Manhattan (QM24, QM25) and local routes Q18, Q58, Q59, Q67, Q98 nearby. A strong candidate for a 1031 exchange or long-term rental play - or simply the smartest home purchase you'll make this year. Will not last!

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