Once in a lifetime opportunity!!! Legal 9 family apartment building, fully occupied. One block from Main St and the multiple hundred million dollar upper Port Jeff revitalization project. Apartment buildings surround, many high-end luxury apartments. Building sits on one-way street, new town park at the end of the block. Short distance to train. Building has large parking lot. Fire escape and class three fire suppression system. First floor: (1) one bedroom unit, and (1) 3 bedroom unit. Second floor: (1) two bedroom unit, (1) one bedroom unit, and (2) studios. Third floor: (3) large one bedroom units. Five year young roof. Gross monthly rent after scheduled increases: $16,200/Annual $194,400. Property has unlimited upside.
Once in a lifetime opportunity!!! Legal 9 family apartment building, fully occupied. One block from Main St and the multiple hundred million dollar upper Port Jeff revitalization project. Apartment buildings surround, many high-end luxury apartments. Building sits on one-way street, new town park at the end of the block. Short distance to train. Building has large parking lot. Fire escape and class three fire suppression system. First floor: (1) one bedroom unit, and (1) 3 bedroom unit. Second floor: (1) two bedroom unit, (1) one bedroom unit, and (2) studios. Third floor: (3) large one bedroom units. Five year young roof. Gross monthly rent after scheduled increases: $16,200/Annual $194,400. Property has unlimited upside.
Neighborhood
Type
Total Baths
County
Suffolk County
Tax Amount
$26,142
Status
Active
Listing #
L3521786
Built
1950
Lot Size
0.35
Listed on site
20 days