Introducing an exceptional investment opportunity: a fully occupied legal four-family home featuring 12 bedrooms with market-rate rents, delivering a strong net operating income of $105,416 and an impressive 7.58% cap rate.Property Highlights:Size: 5,024 sq. ft. building on a spacious 17,859 sq. ft. lot.Units: Four market-rate rental units with consistent tenant demand.Prime Location:Downtown Access: Just 0.1 miles from Main Street.Healthcare Proximity: Only 0.4 miles from South Shore University Hospital.Transportation: 0.4 miles from Bay Shore Train Station for easy commuting.Tenants enjoy walkable access to dining, shopping, healthcare, and public transportation, ensuring strong occupancy and future growth potential.This property offers investors a rare chance to own a turnkey asset in a highly sought-after area. Don’t miss out on this opportunity to expand your portfolio.For more information or to schedule a showing, contact us today!
Introducing an exceptional investment opportunity: a fully occupied legal four-family home featuring 12 bedrooms with market-rate rents, delivering a strong net operating income of $105,416 and an impressive 7.58% cap rate.Property Highlights:Size: 5,024 sq. ft. building on a spacious 17,859 sq. ft. lot.Units: Four market-rate rental units with consistent tenant demand.Prime Location:Downtown Access: Just 0.1 miles from Main Street.Healthcare Proximity: Only 0.4 miles from South Shore University Hospital.Transportation: 0.4 miles from Bay Shore Train Station for easy commuting.Tenants enjoy walkable access to dining, shopping, healthcare, and public transportation, ensuring strong occupancy and future growth potential.This property offers investors a rare chance to own a turnkey asset in a highly sought-after area. Don’t miss out on this opportunity to expand your portfolio.For more information or to schedule a showing, contact us today!
Neighborhood
Type
County
Suffolk County
Tax Amount
$25,254
Status
Active
Listing #
813113
Built
1900
Lot Size
0.41
Listed on site
1 day