A great Investment Opportunity in Suffolk County. A rare, Legal THREE family (by CO) fully occupied, producing very good income. The house is located in quiet residential area, on a large .75 acre lot, partially cleared with a private wooded surrounding. Off street parking in the rear of the house and close to 2 major highways, LIRR, and shopping. Tenants pay for their own electric and heat, owner pays for taxes, water, insurance & low maintenance expenses) The property is currently generating NOI of over $68,000/year providing a CAP Rate close to 7% this year (Pro=forma is attached). Don't miss this opportunity for generating great passive income.
Property Features
Parking
Driveway
Off Street
Parking Lot
Private
Heating Information
Hot Water
Oil
Cooling Information
Wall/Window Unit(s)
Water Features
Public
House Interior
Eat-in Kitchen
Utilities
See Remarks
Basement
Partial
School Information
School Information for 10 Sally Lane, Ridge, NY 11961
Elementary School
Ridge Elementary School
Middle School
Longwood Junior High School
High School
Longwood High School
Listing Courtesy: Coldwell Banker American Homes - 631-588-9090