1. New York
  2. Bay Shore
  3. 77-75 Center Avenue 75 -77
$2,200,000

77-75 Center Avenue 75 -77, Bay Shore, NY 11706

  • 1 bath |
  • 990 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $2,222/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

**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 6.5%, 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

Listing Status:
Active
Listing Office:
Howard Hanna Coach : 631-581-7979
MLS ID:
899184
  • General: First Floor Bedroom
  • Basement: Full
  • A/C: None
  • Heating: Forced Air

This listing courtesy of Howard Hanna Coach

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mary G Clarkson School

1415 E 3rd Ave, Bay Shore, NY, 11706

Grades KG-2

0.39 miles away

B

Bay Shore Middle School

393 Brook Ave, Bay Shore, NY, 11706

Grades 7-8

0.32 miles away

B

Bay Shore Senior High School

155 3rd Ave, Bay Shore, NY, 11706

Grades 9-12

0.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.