111-18 124th St

South Ozone Park, NY 11420
  • $789,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 896

    SqFt

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

Status Active
Days on Site 0
Property Type Residential
MLS ® 1001645
Year Built 1930
Total Square Footage 896
Lot/Acreage 0.05
County Queens
School District Contact Agent
Elementary School Contact Agent
High School Contact Agent

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

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111-18 124th St South Ozone Park, NY 11420

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Originating MLS: onekey2

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