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About the Listing HG01 - 138542
Unique investment opportunity in Suffolk County featuring two adjacent lots with a total of three residential rental homes and an established auto repair shop. One parcel includes two homes: a two-story, four bedroom residence and a three bedroom ranch. The second parcel offers a two-story, two bedroom home along with the auto repair facility. All units are currently tenant occupied, with tenants responsible for their own electric and heat, providing ease of management and predictable expenses. The property generates a combined annual rent roll of $127,000.00 with low taxes contributing to an estimated NOI of $108,206.00. This results in an attractive 7.21% cap rate making it a strong income-producing asset with multiple revenue streams.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Oil
- Fireplaces:
- Floor: Combination
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others: Actual
- Sewer: Cesspool
- Parking Features: Driveway,Unassigned
Financial Details
- Tax Amount: $6,831
- Taxes w/Assessments: N/A
- Tax/Property ID: 0900-139-00-03-00-034-000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
90 , 90a, 92, 94 Old Quogue Rd Riverhead, NY 11901
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