10 Sally Lane, Ridge, NY, 11961
$950,000
Multi Family
For Sale
6 Beds
, 3 Full Bath
Details
ML#: 810219
- Style: Exp Cape
- # of Families: 3
- Year Built: 1960
- Taxes: $13,915
- Status:Active
Description
Excellent Investment Opportunity. Legal (by CO) three family house with great income. Well maintained and updated with all newer kitchens and baths, newer roof and oil burners. Tenants pay for their own electric and heat, owner pays for taxes, water and insurance (low maintenance expenses). Currently fully Tenanted; Apt. 1 pays $2650/mo. Apt. 2 & 3 each pay $2350/mo. NOI close to $70, 000 per year. (pro-forma is attached). House is located in a quiet residential area, on a large .75 acre semi-wooded lot, private off street parking in the rear and close to major highways and LIRR. A rare find in Suffolk county, centrally located (near two major highways) don’t miss this opportunity for generating passive income.
More Property Details
Bedroom: 6
Full Bath: 3
Lot Size: 0.75
Lot Sq Ft: 32670
Parking Spaces: Yes
Parking Spaces: 6
Parking Facilities: Driveway, Off Street, Private
Heat: Oil
A/C: None
Water: Public
Sewer: Cesspool
Taxes: $13,915
School District: Ridge Elementary School
Listing Information provided courtesy of
Coldwell Banker American Homes
631-588-9090