Riverhead, NY 11901

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 3 BR
Bathrooms: 2
Pets: No Pets Allowed
Lot Size: 0.22 Acres

Financials

Price:$649,000
Annual Taxes:$11,490.94
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Compass Greater NY LLC

Legal 2 family Colonial in the heart of Riverhead, fully renovated in 2023 !

Description

Legal 2-family Colonial in the heart of Riverhead, fully renovated in 2023! This fantastic income-producing property features two separate units with individual electric panels, electric heat, and central air conditioning. Current rent roll reflects strong income potential, with the upper unit at $1,950/month and the lower unit at $2,850/month. Situated on a .22 acre lot and the property includes a detached 2-car garage and a full, well-insulated basement offering additional storage space. Updated systems and modern finishes throughout make this a turnkey opportunity for investors or end-users seeking rental income. Conveniently located off Elton Road near shopping, dining, and major roadways. A rare opportunity to own a legal 2-family in Suffolk County.

Amenities

  • Eat-in Kitchen
  • Trash Collection Public

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.