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77-75 Center Avenue Unit 75 -77 Bay Shore, NY 11706
$1,800,000
  • For Sale
  • 1 Full Bath
  • Year Built 1950
  • Multi Family
  • ML# 899184

Property Details

Overview

**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

Key Facts

  • Lot Size: 0.34
  • Lot Sq Ft: 14810
  • Taxes: $22,243

Additional Features

  • Construction Materials: Brick
  • Interior Features: 
    First Floor Bedroom
  • Garage: Yes
  • Garage: 4.0
  • Parking Spaces: Yes
  • Parking Spaces: 16

Rooms & Floor Plans

  • Full Bath: 1

Interior & Utilities

  • Heat: Forced Air
  • A/C: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $22,243
Listing Information provided courtesy of Howard Hanna Coach  631-581-7979
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