Property Details

Overview

Introducing an exceptional investment opportunity: a fully occupied legal four-family home featuring 12 bedrooms with market-rate rents, delivering a strong net operating income of $105, 416 and an impressive 7.58% cap rate.Property Highlights:Size: 5, 024 sq. ft. building on a spacious 17, 859 sq. ft. lot.Units: Four market-rate rental units with consistent tenant demand.Prime Location:Downtown Access: Just 0.1 miles from Main Street.Healthcare Proximity: Only 0.4 miles from South Shore University Hospital.Transportation: 0.4 miles from Bay Shore Train Station for easy commuting.Tenants enjoy walkable access to dining, shopping, healthcare, and public transportation, ensuring strong occupancy and future growth potential.This property offers investors a rare chance to own a turnkey asset in a highly sought-after area. Donâ€™t miss out on this opportunity to expand your portfolio.For more information or to schedule a showing, contact us today!

Key Facts

•Lot Size: 0.41
•Lot Sq Ft: 17859
•Taxes: $25,254

Additional Features

•Construction Materials: Stucco
•Interior Features:
Other

Interior & Utilities

•Heat: Electric
•A/C: Wall/Window Unit(s)
•Water: Public
•Sewer: Public Sewer

Financial

•Taxes: $25,254

Listing Information provided courtesy of Eric G Ramsay Jr Assoc LLC 631-665-1500

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS