UPDATED:
12/16/2024 07:01 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,904 sqft
Price per Sqft $471
MLS Listing ID KEYL3572991
Originating Board onekey2
Rental Info No
Year Built 1973
Annual Tax Amount $18,217
Lot Dimensions 50x100
Property Description
Current income of $5,800/month with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family homes in its price range.
The spacious first-floor apartment offers approximately 1,250 sq. ft. of living space, including large rooms throughout. It features a living room, formal dining room, huge eat-in kitchen, master bedroom with an en suite bath, two additional bedrooms, and a full bath.
The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8') and a separate exterior entrance via a wide side staircase, with its own heating zone and baseboard heat.
Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more.
Additional features:
Excellent appearance
Separate hot boilers and domestic water heaters for each unit
Location
State NY
County Nassau County
Rooms
Basement See Remarks, Finished, Full, Walk-Out Access
Interior
Interior Features Eat-in Kitchen, Master Downstairs, Walk-In Closet(s), Formal Dining, Primary Bathroom
Heating Natural Gas, Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Carport, Covered, Driveway, Private
Utilities Available Trash Collection Public
Amenities Available Park
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Public Transit, Near Shops, Level
Water Public
Level or Stories Three Or More
Structure Type Vinyl Siding,Frame
Schools
Middle Schools Westbury Middle School
High Schools Westbury High School
School District Westbury
Others
Senior Community No
Special Listing Condition None