2
See all 2 photos
$1,390,000
Est. payment /mo
0.41 Acres Lot
Pending
20-22 Bay Shore AVE Bay Shore, NY 11706
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UPDATED:
02/07/2025 07:05 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEY813113
Originating Board onekey2
Rental Info No
Year Built 1900
Annual Tax Amount $25,253
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Quadruplex
Property Description
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 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!
Location
State NY
County Suffolk County
Rooms
Basement Full
Interior
Interior Features Other
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Garage false
Building
Lot Description Back Yard
Sewer Public Sewer
Water Public
Structure Type Stucco
Others
Senior Community No
Special Listing Condition Standard
Listed by Eric G Ramsay Jr Assoc LLC