221 Lincoln Avenue
Mineola,
NY
11501
- For Sale
- 3 Bedrooms
- 2 Full Baths
- Year Built 1918
- Multi Family
- ML# 865021
Property Details
Overview
Prime Two-Family Investment in Mineola’s Presidential SectionThis legal two-family home combines location, income stability, and long-term growth potential — making it an exceptional choice for investors, 1031 exchange buyers, multi-generational households, or owner-occupants. Situated just minutes from the LIRR, NYU Langone Hospital, shopping, dining, and major highways, it offers both convenience and strong rental demand.Currently occupied by two reliable tenants with a 100% on-time payment history, the property generates steady income from day one. For buyers seeking flexibility, the seller will deliver the first-floor unit vacant at closing if preferred — ideal for immediate occupancy, securing a new tenant at market rent, or creating an owner-occupied investment.Features include:1.5-car detached garage and ample driveway parkingGas heating and cookingSpacious layouts in both unitsBeing sold as-is — ready for your personal upgrades or rental optimizationWhether you’re completing a 1031 exchange or expanding your portfolio, this property offers immediate cash flow, strong appreciation potential, and tax advantages.
Key Facts
- •Lot Size: 0.1148
- •Lot Sq Ft: 5000
- •Taxes: $8,651
- •Development: Presidential Streets/Village
- •School District: Jackson Avenue School
- •Construction Materials: Frame
- •Exterior Features: Garden
- •Interior Features:
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Galley Type Kitchen, Natural Woodwork, Original Details, Storage
- •Garage: Yes
- •Garage: 1.5
- •Parking Spaces: Yes
- •Parking Spaces: 6
- •Parking Facilities: Driveway, Garage
- •Porch Description: Yes
- •Wood Floors: Yes
- •Bedroom: 3
- •Full Bath: 2
- •Heat: Hot Water, Natural Gas
- •A/C: Multi Units
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Goldilocks Real Estate
516-874-3033
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS