![[Ridge Real Estate, listing number 7314757]](https://www.vlshomes.com/images/full/7314757a.jpg)
| Description: 7314757 | |
| A great Investment Opportunity in Suffolk County. A rare, Legal THREE family (by CO) fully occupied, producing very good income. The house is well maintained and updated, located in a quiet residential area, on a large .75 acre lot, partially cleared with a private wooded surrounding. Off street parking in the rear of the property and close to 2 major highways, LIRR, Schools and shopping. Tenants pay for their own electric and heat, owner pays for taxes, water, insurance & low maintenance expenses) The property is currently generating NOI of over $68,000/year providing a CAP Rate over 7% this year (Pro-forma is attached). Don''t miss this opportunity for generating great passive income. | |
Details: |
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| Families: | 3 | |
| Bedrooms: | 6 | |
| Bathrooms: | 3 | |
| Property Type: | Exp Cape | |
| Lot Size: | 32,670 | |
| Acres: | 0.78 | |
| Built: | 1960 | |
| School District: | Longwood | |
Financials: |
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| Price: | $925,000 | |
| Taxes: | $14,356 | |
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