Nest Seekers

Exceptional Investment Opportunity Legal 4 Family Property with Two Separate Buildings Rare opportunity to own a legal 4 family property consisting of two separate buildings, offering flexible use, strong rental ...

Ossining, NY 10562

Listing

Web ID:5775607
Website:https://www.nestseekers.com/5775607

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 9 BR
Bathrooms: 5
Lot Size: 0.2 Acres

Financials

Price:$1,099,000
Annual Taxes:$22,714

Description

Exceptional Investment Opportunity – Legal 4-Family Property with Two Separate Buildings Rare opportunity to own a legal 4-family property consisting of two separate buildings, offering flexible use, strong rental income, and significant owner-occupant potential. Property Configuration Left Building 2-bedroom residence, currently rented for $2,600/month Can be used as a 3-bedroom Separate building provides the flexibility to use as a single-family residence (SFH) Right Building Studio: $2,000/month 2-bedroom apartment – 2nd Floor: $2,050/month 2-bedroom apartment – Rear: $2,050/month Financial Highlights Current Gross Rental Income: $8,700/month Current Gross Annual Income: $104,400 Property Taxes: $22,714/year Current rents are below market, providing potential for future rental growth Two-building configuration provides exceptional flexibility for investors and owner-occupants Property Highlights Legal 4-family property Two separate buildings One building can function as a standalone single-family residence Flexible layouts with rental upside Strong current rental income, and tenants pay all their own utilities. Attractive owner-occupant opportunity: live in one building while generating rental income from the other Excellent opportunity for investors seeking both current cash flow and future rent growth

Amenities

  • Cable - Available
  • Electricity Available
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Available

Contact

Bridgehampton, NY
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Phone: +1 631-353-3427
Fax: +1 631-614-7858
hamptonsinfo@nestseekers.com
Listing Courtesy of Realmart Realty LLC
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