77-75 Center Avenue Unit 75 -77, Bay Shore, NY, 11706
$1,800,000
Multi Family
For Sale
, 1 Full Bath
Details
ML#: 899184
- # of Families: 4
- Year Built: 1950
- Taxes: $22,243
- Status:Active
Description
**Welcome to Your Investment Opportunity: Multifamily Home for Sale!**Discover a fantastic investment in this well-maintained multifamily residence, featuring Four spacious apartments, each boasting three bedrooms and one bath. The property includes a full basement, offering additional storage and utility space for tenants. The current layout allows for comfortable living, with each unit featuring generous living areas, well-appointed kitchens, and three bedrooms ideal for families or groups. Tenants are responsible for their own gas and electricity, ensuring a straightforward management experience. This property also comes with detached garages, providing convenient parking and additional rental potential, as they are metered separately. With a current yearly cash flow of $141, 031 and a capitalization rate of 7.5%, this is an excellent opportunity for both seasoned investors and those looking to enter the rental market. Don’t miss out on the chance to own a stable and profitable asset
More Property Details
Full Bath: 1
Lot Size: 0.34
Lot Sq Ft: 14810
Garage: Yes
Garage: 4.0
Parking Spaces: Yes
Parking Spaces: 16
Heat: Forced Air
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $22,243
Listing Information provided courtesy of
Howard Hanna Coach
631-581-7979