109-113 Hubbard Ave

A very interesting opportunity presents itself in the Riverhead Community. 4.8 Acres with two homes and remains of storage building / garage. SCTM# 600-112-1-11 was "parcelized" by the assessor's office in 1990s for ease of assessment purposes only creating three individual Tax Bills without ever being subdivided. Town of Riverhead Building Department claims existing parcel can yield Four Individual One Acre Parcels with proper minor subdivision application. Tax Bill #1. (600-112-1-11.1) 109 Hubbard Avenue (Front) - 2023 Taxes: $14,245.36 - 1.8 Acres with 1928 Center Hall Colonial Home with great bones is in need of everything! Restore this nearly 100-year-old beauty to a state of absolute glory like the neighbors have done with the sister home next door is recent years. This expanded 3,380 Square Foot Colonial features 3 Bedrooms and 2 Bathrooms in the main portion of the house with Two additional Bedrooms and another Full Bathroom in the 1970's addition. Hardwood Floors are present throughout the main structure in relatively excellent condition and can be easily added in the addition. Hardwoods would be needed to be replaced in the sitting porch, library and one bedroom. A restoration was attempted years ago with partial restoration started, but never finished. This Home Needs 90% of the Windows to be replaced - Needs a complete New Heating System (All of the Cast Iron Radiators are present in the home, but not connected) - Needs a complete New Kitchen - Needs all New Bathrooms - Needs New Water Lines. Inside find tremendous Hardwood Room Arches and Door Moldings on the Main Floor with Wood Burning Fireplace in the Front Living Room. All vintage wall paper has been removed on the main level and the second level is in pretty good condition. The front area is also home to a dilapidated two-car garage plus an out building have no integrity remaining and will have to be removed or replaced by the new owner. Certain windows on the ground floor rear of the home were boarded up to discourage vandalism and break in last winter. This property has been completely winterized and cleaned out of its' contents. The heirs truly hope that someone will have the ability to restore this once "Grand Home" to it's glory as the neighbors have done with the twin next door. Tax Bill #2. (600-112-1-11.2) 111 Hubbard Avenue (Middle) - 2023 Taxes: $6,841.64 - 1 Acre with a 1975 Ranch Home with a jeopardized collapsing roof. This is a 4 Bedroom, 1 Full Bath home of 1,275 Square Feet. The condition is exceptionally poor. It probably would be best to remove the structure and just start fresh. The majority of the contents have been removed. This structure has been inhabited by wild animals accessing the property through the collapsing roof. It has not been cleaned properly and viewing is not for the faint of heart! Tax Bill #3. (600-112-1-11.3) 113 Hubbard Avenue (Rear) - 2023 Taxes: $7,244.59 - 2 Acre area at the far back of the property wraps around the adjacent American Legion Post parcel and the adjacent Mobile Home park. The Long Island Rail Road - Riverhead / North Fork Line tracks run directly behind this parcel. A large cement walled storage barn / garage was on the rear of this property for decades, but unfortunately burnt down to the ground during the summer of 2022. The remains of rubble still exists in the back of the lot. The entire western portion of the parcel is very heavily wooded providing a healthy buffer to the adjacent American Legion Hall and parking. The condition of the structures prevents any type of conventional financing. An advanced appointment is required for all viewings of this complex property with the exclusive listing broker to accompany. The seller requests that perspective buyers or real estate brokers do not walk the property unaccompanied. Total of 2023 Annual Property Taxes: $28,331.59 (Updated).