$1,580,000

Estimated payment $9,075/month

Total Views 6,872
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near public transit
  • 1-minute walk to 85 Street-Forest Parkway
  • Heating Available
  • Eat-In Kitchen
  • Park
  • 2-minute walk to Forest Park

About This Home

This mixed-use 3 units property on Jamaica Ave seamlessly blends commerce with comfort. Ideally suited for retail ventures, the street-level 2000 sqf storefront is the perfect canvas for your dream business or leasing opportunity, guaranteeing an attractive ROI. Above, you'll find two apartments on the 2nd floor. With its prime location on bustling streets, this gem ensures high visibility, incredible foot traffic, and unlimited potential. It's R6A zoning with potential buildable, right next to J/z 85 st train station. Live above your thriving retail space or lease it out for an added income stream. This is a rare find, exquisitely designed to maximize both your personal and professional aspirations. Dive into the dynamic synergy of city living! Don't miss this unique investment opportunity. Current cap rate is 6% and Pro Forma cap rate is 7.5%. Schedule your viewing today.

Listing Agent

Jiangwei Zhou

EXP Realty Brokerage Phone: 888-276-0630 License #10301217378 Listed on: 03/21/2025

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,790

Year Built

  • Built in 1931

Lot Details

  • 2,035 Sq Ft Lot
  • Lot Dimensions are 20.08x101.33

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • John Adams High Middle School
  • Epic High School-South

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 29 / 8859
  • Assessor Parcel Number 08859-0029

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,790

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Year Built: 1931
  • Attribution Contact: 888-276-0630
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 3
  • Basement: See Remarks, Full, Unfinished
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Other, Electric
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No

Schools

  • Middle School: John Adams High School

Lot Info

  • Lot Dimensions: 20.08x101.33
  • Lot Size Sq Ft: 2035
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 08859-0029
  • Property Attached: No
  • Additional Parcels: No

Multi Family

  • Units Total: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5790
  • Tax Block: 8859
  • Tax Lot: 29
  • Tax Year: 5790

MLS Schools

  • High School: Epic High School-South

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,070 $32,035 $6,138 $25,897
2024 $6,070 $30,222 $6,775 $23,447
2023 $5,727 $28,512 $5,399 $23,113
2022 $5,657 $46,200 $10,680 $35,520
2021 $5,873 $40,440 $10,680 $29,760
2020 $5,651 $48,720 $10,680 $38,040
2019 $5,268 $51,300 $10,680 $40,620
2018 $5,472 $23,760 $5,801 $17,959
2017 $2,780 $23,616 $6,146 $17,470
2016 $4,649 $23,616 $6,146 $17,470
2015 $2,687 $22,247 $8,337 $13,910
2014 $2,687 $20,988 $9,434 $11,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 For Sale $1,580,000 -- --
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $975,000 --
Deed $975,000 --
Deed $810,000 --
Deed $810,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Purchase Money Mortgage
Closed $700,000 Purchase Money Mortgage
Previous Owner $400,000 New Conventional
Source: Public Records

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Source: OneKey® MLS

MLS Number: 838650

OneKey® MLS

APN: 08859-0029