INVESTMENT OPPORTUNITY - EAST HAMPTON $250,000 DOWN, 6% CAP, OWNER FINANCED

Harbor Blvd.
East Hampton NY 11937
EXCLUSIVE
Cross street:Richardson

Property

Ownership: For Sale
Type: Multi-Family
Area: 2000 sq ft
Lot Size: 0.2 Acres

Financials

Price: $745,000
Annual Taxes: $2,200
Alex Piccirillo
Licensed Associate Real Estate Broker
62 Park Place, East Hampton, NY 11937

Description

Four (4) complying UNITS WITHIN 2 cottages each having individual C.O.'s. Each cottage contains a 1 bedroom and 2 bedroom apartment. Adjacent to Maidstone Park, beaches and boat ramp. Fully occupied year round (month to month.) With all units renting under market. NOI - $60,000. $250,000 down, 5 years, 5% interest only.

Amenities

  • Investment Property

Neighborhood

More listings:
Sold

INVESTMENT OPPORTUNITY - EAST HAMPTON $250,000 DOWN, 6% CAP, OWNER FINANCED

Description

Four (4) complying UNITS WITHIN 2 cottages each having individual C.O.'s. Each cottage contains a 1 bedroom and 2 bedroom apartment. Adjacent to Maidstone Park, beaches and boat ramp. Fully occupied year round (month to month.) With all units renting under market. NOI - $60,000. $250,000 down, 5 years, 5% interest only.

Amenities

  • Investment Property

Neighborhood

More listings:

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.