1 Bath
0.34 Acres Lot
1 Bath
0.34 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 899184
Full Baths 1
Rental Info No
Year Built 1950
Annual Tax Amount $22,243
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Quadruplex
Source onekey2
Property Description
Discover a fantastic investment in this well-maintained multifamily residence, featuring Four spacious apartments, each boasting three bedrooms and one bath. The property includes a full basement, offering additional storage and utility space for tenants.
The current layout allows for comfortable living, with each unit featuring generous living areas, well-appointed kitchens, and three bedrooms ideal for families or groups. Tenants are responsible for their own gas and electricity, ensuring a straightforward management experience.
This property also comes with detached garages, providing convenient parking and additional rental potential, as they are metered separately. With a current yearly cash flow of $141,031 and a capitalization rate of 7.5%, this is an excellent opportunity for both seasoned investors and those looking to enter the rental market.
Don't miss out on the chance to own a stable and profitable asset
Location
State NY
County Suffolk County
Rooms
Basement Full
Interior
Interior Features First Floor Bedroom
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Spaces 4.0
Utilities Available Electricity Connected, Natural Gas Available
Total Parking Spaces 16
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Virtual Tour https://www.zillow.com/view-imx/e357fc08-7949-4d79-8d54-e255733b48f0?wl=true&setAttribution=mls&initialViewType=pano