Property
| Ownership: | For Sale |
|---|---|
| Type: | Single Family |
| Rooms: | 20 |
| Bedrooms: | 9 BR |
| Bathrooms: | 4 |
| Lot Size: | 0.3 Acres |
Financials
Listing Courtesy of East End Luxury Ltd
Residential investment opportunity two renovated homes and two barns on one parcel in a walk to town Riverhead location.
Description
Residential investment opportunity: two renovated homes and two barns on one parcel in a walk-to-town Riverhead location. Long-term tenants and leases are in place, with upside potential in rents. Buyer must assume all existing leases; tenants will not be vacated to facilitate a sale.
331 Maple Avenue offers approximately 3,000 SF with 6 bedrooms and 3 baths, while 329 Maple Avenue features 3 bedrooms and 1 bath. Both homes have new kitchens, baths, roofs, siding, and renovated interiors. Mechanical upgrades include new heating and hot water at 331, and new heating, air conditioning, and hot water at 329. Two barns offer additional rental potential and storage flexibility, subject to permitted uses.
Located near downtown Riverhead’s major revitalization efforts, including the nearly $33 million Town Square project, this property combines established tenancy, extensive improvements, and rental upside near significant downtown reinvestment.
Call for Details. Proof of funds required prior to any showing
Amenities
- Dishwasher
- Electricity Connected
- First Floor Bedroom
- First Floor Full Bath
- Natural Gas Connected
- Oven
- Range
- Refrigerator
- Sewer Connected
- Stainless Steel Appliance(s)
- Trash Collection Public
- Water Connected

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.