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

Harbor Blvd.

East Hampton, NY 11937

Listing

Web ID:	56433
Website:	https://www.nestseekers.com/56433
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

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.