A great Investment Opportunity in Suffolk County. A rare, Legal THREE family (by CO) fully occupied, producing very good income. The house is well maintained and updated, located in a quiet residential area, on a large .75 acre lot, partially cleared with a private wooded surrounding. Off street parking in the rear of the property and close to 2 major highways, LIRR, Schools and shopping. Tenants pay for their own electric and heat, owner pays for taxes, water, insurance & low maintenance expenses) The property is currently generating NOI of over $68,000/year providing a CAP Rate over 7% this year (Pro-forma is attached). Don't miss this opportunity for generating great passive income.
2,970 Sq Ft
0.75 Private Acres Lot Size
investment
$3,600 Monthly Maintenance/CC
$1,196 Monthly Tax
Built in 1960
MLS/Listing ID 1029889
3 Units
Vinyl
Pillar Post Pier
Block
Slab
Laminate
Carpet
Cooling - Wall/window unit(s)
Construction - Vinyl Siding
Construction - Brick
Heating - Hot Water
Heating - Oil
Eat-in Kitchen
Lot - Back Yard
Style - Expanded Cape Cod
Public Water
Cesspool
Double Pane Windows
Trees Woods View
Parking - Private
Parking - Parking Lot
Parking - Off Street
Parking - Driveway
Lot - Wooded
Lot - Level
Lot - Cleared
TOTAL MONTHLY COST
$0
$0
$0
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