20-22 Bay Shore Avenue, Bay Shore, NY 11706
New

2 Photos
View of front of home with a front yard
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$1,390,000
Active for Sale
Built In 1900
 
Listing ID 11407306
Property Type Residential
County Suffolk
Total Tax $25,254
FEMA Flood Map fema.gov/portal
Year Built 1900
Virtual Tour
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!
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
Eric G Ramsay Jr Assoc LLC
Office: 631-665-1500
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