20-22 Bay Shore Avenue West Islip, NY 11706

$1,390,000
0.41
Acres
$1,390,000
Favorite

active
1/2
Street View

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

Listed by:
Eric G Ramsay Jr Assoc LLC

Source:
MLSLI

Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA

Exterior features

  • No Pool
  • Basement

Interior Features

  • Heat Electric
Favorite

Tour This Home

Wed
15Jan
Thu
16Jan
Fri
17Jan
Sat
18Jan
Sun
19Jan
Mon
20Jan
Tue
21Jan
Wed
22Jan
Thu
23Jan
Fri
24Jan
Sat
25Jan
Sun
26Jan
Mon
27Jan
Tue
28Jan
in Person
via Video Call