69 Myrtle Avenue, Westbury, NY, 11590
$898,000
Misc
For Sale
4 Beds
, 4 Full Bath
, 1904 SqFt
Details
ML#: 3572991
- Style: Cape Cod
- # of Families: 2
- Year Built: 1973
- Taxes: $18,217
- Status:Active
Description
Excellent Investment Opportunity or Ideal for End-Users! Perfect paying long time tenantsCurrent income of $5, 800/month with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family homes in its price range.The spacious first-floor apartment offers approximately 1, 250 sq. ft. of living space, including large rooms throughout. It features a living room, formal dining room, huge eat-in kitchen, master bedroom with an en suite bath, two additional bedrooms, and a full bath.The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8’) and a separate exterior entrance via a wide side staircase, with its own heating zone and baseboard heat.Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more.Excellent appearanceSeparate hot boilers and domestic water heaters for each unit
More Property Details
Bedroom: 4
Full Bath: 4
Other: 10
Lot Sq Ft: 5000
Approx. Int. Sq. Ft.: 1904.00
Garage: 4.0
Parking Spaces: Yes
Parking Spaces: 4
Parking Facilities: Carport, Covered, Driveway, Private
Heat: Natural Gas, Hot Water
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $18,217
School District: Westbury Middle School
Zoning: Business B-4
Block: 131
Lot: 399
Listing Information provided courtesy of
Tapestry Real Estate of Queens
718-460-1943