$1,450,000
$1,400,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
7 Baths
SOLD DATE : 11/17/2023
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Metzner Estate
MLS Listing ID L3503879
Style Victorian
Bedrooms 7
Full Baths 5
Half Baths 2
Year Built 1900
Annual Tax Amount $14,453
Property Sub-Type Quadruplex
Property Description
**7% Cap Rate** On $121,200 Projected Gross Rents!!! Once In A Generation Opportunity To Purchase This Historic Legal 4 Unit Multi-Building Estate Property W/ Private Pond On 3 Separate Lots Totaling 2.18 Acres In Great Lake Ronkonkoma Location! The Original "Metzner Estate" Carriage House Consists Of A Beautiful Tastefully Designed Owners 3 Bedroom 2.5 Bath Townhouse W/ Expansive Rooms & Closets, 9' Ceilings, Maple Cabinetry, SS Appliances, Lovely Tiled Bathrooms, Central Air, Wood Burning Fireplace, And Multi Water Views, A Recently Renovated 2 Bedroom 1st Floor Unit W/ SS Appliances, And A Spruced Upstairs 3 Room 1 Bedroom Walk Up Unit W/ Maple Kit Cabinetry, While The Detached Private "Pump House" Bi-Level 1 Bedroom Unit Boasts A Modern Open Floor Plan W/ Maple Cabinetry, SS Appliances, X-Large En-Suite Bedroom W/Skylight & Renovated Tiled Bath, Private Deck Overlooking Pond, And Outdoor DIning/Firepit Area. Additional Amenities Include Private Owners Slate Patio, Two Car Detached Garage, Lawn Irrigation System, And Great Storage Shed. Enjoy Entertaining On Your Expansive Manicured Lawn W/ Mature Plantings Or Rowing Your Private Pond W/ Fishing, Migratory Birds And Feeding Your Own Domestic Ducks. At A 7% Cap Rate This Is A Rare Chance To Add Critical Mass To Your RE Portfolio Or A Perfect Opportunity For Supplemental Owner Income Or Remarkable Multi-Generational Living On One Property! Impeccably Maintained By Long Time Owner And A Truly Special Property. Lot 1 @ 36 Metzner = 1.25 Acres/ Lot 2 @ 36 Metzner = .17 Acres/ Lot 3 @ 0 Smiths Road = .76 Acres. True LOW Taxes at $14453.92., Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Location
State NY
County Suffolk County
Interior
Heating Baseboard, Oil
Cooling Attic Fan, Central Air, Ductless, Wall Unit(s), Wall/Window Unit(s), Zoned
Flooring Carpet
Fireplaces Number 1
Exterior
Exterior Feature Balcony, Mailbox, Private Entrance
Parking Features Common, Detached, Driveway, Garage Door Opener, Private
Fence Fenced
Utilities Available Cable Available, Trash Collection Public
Amenities Available Park
Waterfront Description Pond,Waterfront
View Other, Panoramic, Water
Building
Lot Description Level, Near Public Transit, Near School, Near Shops, Sprinklers In Front, Sprinklers In Rear
Sewer Cesspool
Water Public
Structure Type Brick,Frame,Vinyl Siding,Wood Siding
New Construction No
Schools
Elementary Schools Cayuga Hts Elementary School
Middle Schools Samoset Middle School
High Schools Sachem
School District Sachem
Others
Special Listing Condition None
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Bought with Signature Premier Properties