Welcome to a unique and compelling property opportunity at 218-20 112th Ave, Queens Village, Queens, NY. This is a remarkable short sale listing that comes with the potential for a significant value proposition. As a SHORT SALE it will require bank approval. Property Highlights Property Type: Two-Family House (Currently Configured as a Single Family) Short Sale Opportunity (Bank Approval Required) Cash Deals Preferred, Financing Also Acceptable 4 Bedrooms 2 Full Bathrooms Full Bathroom in Finished Basement Kitchen Space on Both Floors Renovation Potential for a Studio or 1-Bedroom Apartment on the First Floor Kitchen Pipes Still in Place on the Second Floor for Easy Reconversion Description: The 218-20 112th Ave residence offers a truly unique investment opportunity. This two-family house, currently configured as a single-family home, can be tailored to meet your specific needs or serve as a lucrative real estate investment. However, please note that this sale is a short sale, and the final transaction is contingent on the approval of the lending institution. The main floor features a full bathroom and a kitchen space that can be easily transformed into a studio or a 1-bedroom apartment. This adaptable space is perfect for extended family living or generating rental income. Upstairs, you'll find four spacious bedrooms and a full bathroom. Although the kitchen space has been converted into an extra bedroom, the kitchen's plumbing is still intact, simplifying the process if you wish to restore it. The finished basement is a versatile space with a full bathroom, adding even more value and potential to this property.