A great Investment Opportunity in Suffolk County. A rare, Legal THREE family (by CO) fully occupied, producing very good income. The house is located in quiet residential area, on a large .75 acre lot, partially cleared with a private wooded surrounding. Off street parking in the rear of the house and close to 2 major highways, LIRR, 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 close to 7% this year (Pro=forma is attached). Don''t miss this opportunity for generating great passive income.
Details:
Families:
3
Bedrooms:
6
Bathrooms:
3
Property Type:
Exp Cape
Lot Size:
32,670
Acres:
0.78
Built:
1960
School District:
Longwood
Financials:
Price:
$925,000
Taxes:
$14,356
Coldwell Banker American Homes Carmine Capobianco Office: 631-588-9090
![[Ridge Real Estate, listing number 7314757]](https://www.vlshomes.com/images/full/7314757a.jpg)