$ 919,999
-
$919,999
Price -
6
Bed -
4
Bath -
0
SqFt
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About the Listing FVE01 - 190665
Don't miss this exceptional opportunity to own a **legal two-family** home in the heart of Long Beach. This well-maintained, **income-producing property** is being sold **with paying tenants in place**, making it an ideal investment for buyers seeking immediate cash flow. The property currently generates **$5,400 per month in gross rental income ($64,800 annually)**. The first-floor unit is occupied **$2,400 per month**, with a lease in place through **October 31, 2026**. The second-floor unit is also occupied **$3,000 per month** on a **month-to-month tenancy**. Each spacious unit features **3 bedrooms, 1.5 bathrooms**, generously sized rooms, and excellent closet and storage space. Additional highlights include a **two-car garage**, a **basement with bonus space** with separate entrance, and a location just **minutes from the beach**, shopping, restaurants, parks, bars, and public transportation. The home is in **excellent condition** with **multiple important updates**, including the **roof, windows, boiler, and hot water heater**, all completed approximately **10–15 years ago**. A **new rear deck** provides additional outdoor living space and enhances the property's appeal. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this legal two-family offers strong rental income, valuable updates, and an unbeatable Long Beach location. Don't miss this excellent investment opportunity!
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: 2 car
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,Garage
Financial Details
- Tax Amount: $12,981
- Taxes w/Assessments: N/A
- Tax/Property ID: 1000-59-092-00-0060-0
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
20 E Pine St Long Beach, NY 11561
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