20-22 Bay Shore Avenue, Bay Shore, NY 11706
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Virtual Tour
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Introducing an exceptional investment opportunity: a fully occupied legal four-family home featuring 12 bedrooms with market-rate rents, delivering a strong net operating income of $105,416 and an impressive 7.58% cap rate. Property Highlights: Size: 5,024 sq. ft. building on a spacious 17,859 sq. ft. lot. Units: Four market-rate rental units with consistent tenant demand. Prime Location: Downtown Access: Just 0.1 miles from Main Street. Healthcare Proximity: Only 0.4 miles from South Shore University Hospital. Transportation: 0.4 miles from Bay Shore Train Station for easy commuting. Tenants enjoy walkable access to dining, shopping, healthcare, and public transportation, ensuring strong occupancy and future growth potential. This property offers investors a rare chance to own a turnkey asset in a highly sought-after area. Don't miss out on this opportunity to expand your portfolio. For more information or to schedule a showing, contact us today!
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Property Details
- 0.41 Acres
- 17859 SF Lot
- Built in 1900
Interior Features
- Electric Fuel
- Wall/Window A/C
- basement: Full
- cooling: Wall
- Features: Other
Exterior Features
- Stucco Siding
- Community Water
- Community Septic
- Lot Features: Back Yard
Taxes and Fees
- $25,254 Total Tax
Listed By
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Eric G Ramsay Jr Assoc LLC
Office: 631-665-1500 |
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Listing data is deemed reliable but is NOT guaranteed accurate.
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