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Welcome to 101-47 131st Street, a spacious 1,600 sq. ft. single-family home offering incredible potential for buyers looking to step into equity and create lasting value. Priced to sell, this diamond in the rough is ideal for investors, flippers, or families ready to roll up their sleeves and transform a solid property with great bones into a dream home or a lucrative asset. The home features a unique and versatile layout, including a spacious third-floor bedroom that offers added privacy and flexibility"”perfect as a primary suite, guest space, or creative studio. The basement includes a separate entrance, making it ideal for a private office, or additional living space. Situated in the vibrant South Richmond Hill neighborhood, this property sits on a welcoming block with easy access to public transportation, including nearby trains and buses. The After Repair Value (ARV) is estimated to exceed $900,000+, providing significant upside for those willing to invest in renovations. Whether you're a seasoned investor looking for your next profitable project or a first-time buyer ready to build equity from day one, this is your chance to secure a property with serious potential in a desirable Queens location. ***Optional Upgrade: Buyer has the option to request a kitchen remodel for an additional cost. Details and pricing available upon request. A new boiler and water tank have been recently installed, offering enhanced efficiency and peace of mind. Don't miss out"”schedule your showing today and bring your vision to life!
| DAYS ON MARKET | 1 | LAST UPDATED | 5/9/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | GARAGE SPACES | 1.0 |
| COUNTY | Queens | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Contact Agent |
|---|---|
| Jr. High School | Contact Agent |
| High School | Contact Agent |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Refrigerator, Stainless Steel Appliance(s) |
| BASEMENT | Finished, Full |
| CONSTRUCTION | Aluminum Siding |
| GARAGE | Yes |
| HEAT | Hot Water |
| LOT | 2522 sq ft |
| SEWER | Public Sewer |
| STYLE | Colonial |
| TAXES | 5136.56 |
| UTILITIES | Natural Gas Available, Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Taft Corp
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The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Verdeschi & Walsh Realty are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information deemed reliable but not guaranteed.
Date Last Updated: 5/10/25 3:56 AM PDT
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