Exceptional investment opportunity in the heart of Astoria, Queens! This income-generating gem features seven identical 2-bedroom, 1-bathroom units, each equipped with separate gas and electric meters, offering convenience and autonomy for both landlords and tenants. Six free market rent units and one is rent-controlled. The property boasts spacious 2-bedroom, 1-bathroom units, each with galley kitchens, providing a comfortable living space for tenants. A unique highlight is the large walk-out basement, offering valuable additional space for storage and mechanical needs. While the property showcases incredible potential, it's important to note that some tender loving care is required. The building currently has several violations that need attention. The property is being sold "as-is, " reflecting the current condition, but a motivated seller is open to negotiation. Property is priced accordingly for the cost to cure violations and bring up to modern standards. Property will sell fast! Additional Information: Amenities:Storage, HeatingFuel:Oil Below Ground