Unique investment opportunity in Suffolk County featuring two adjacent lots with a total of three residential rental homes and an established auto repair shop. One parcel includes two homes: a two-story, four bedroom residence and a three bedroom ranch. The second parcel offers a two-story, two bedroom home along with the auto repair facility.
All units are currently tenant occupied, with tenants responsible for their own electric and heat, providing ease of management and predictable expenses. The property generates a combined annual rent roll of $127,000.00 with low taxes contributing to an estimated NOI of $108,206.00. This results in an attractive 7.21% cap rate making it a strong income-producing asset with multiple revenue streams. Owner will consider offers for one lot, 94 and 92 or 90 and 90A.
4,261 Sq Ft
0.32 Acri privati Dimensione del lotto
commerciale
569 USD Imposta mensile
Costruito in 1925
MLS/ID annuncio 1000583
4 Unità
Heating - Hot Water
Heating - Oil
Combinazione
Giardino
Front Yard
Construction - Frame
Construction - Stucco
Public Water
Cesspool
Parcheggio - Vialetto
Parking - Unassigned
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