11118 124th Street , South Ozone Park, NY 11420

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.