Profitable Queens Laundromat & Duplex - $350K - Turnkey Investment Property
Executive Overview
Key Investment Highlights
- •Prime Location in Queens County, NY
- •Established in 2021 with Modern Infrastructure
- •Gross Monthly Revenue: $20,000
- •Net Monthly Income: $7,000
- •90% Absentee Business Model
This state-of-the-art laundromat represents a rare investment opportunity, featuring 19 commercial-grade Dexter washers and 20 dryers, fully equipped with a cutting-edge card-operated system integrated with CleanCloud POS and DoorDash. The business operates with minimal management, supported by two part-time employees and a maintenance contractor, making it an ideal passive income stream for investors seeking a low-touch business model.
The optional real estate component adds significant value, including a fully renovated mixed-use property with two Section 8 apartments, four garage rentals, and a built-in laundromat lease. This comprehensive package offers multiple income streams, with total monthly gross income reaching $33,172, presenting an attractive opportunity for investors looking to diversify their portfolio with a stable, income-generating asset.