20-22 Bay Shore Avenue
Bay Shore,
NY
11706
- For Sale
- NEW
- Year Built 1900
- Misc
- ML# 813113
Property Details
Overview
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!
Key Facts
- •Lot Size: 0.41
- •Lot Sq Ft: 17859
- •Taxes: $25,254
- •Construction Materials: Stucco
- •Interior Features:
Other
- •Heat: Electric
- •A/C: Wall/Window Unit(s)
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Eric G Ramsay Jr Assoc LLC
631-665-1500
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS