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$699,999
Est. payment /mo
3 Baths
1,260 SqFt
UPDATED:
10/22/2024 09:24 AM
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $555
MLS Listing ID 486943
Full Baths 3
Year Built 1931
Annual Tax Amount $5,466
Property Description
Investment Opportunity in Silver Lake – Two-Family with Rental Income (Sold As-Is)
Located on Silver Lake Road, this semi-attached two-family property offers great potential for investors or buyers looking to generate rental income. The lot spans 2,400 sq. ft., with a building footprint of 17 ft x 37 ft. A built-in garage and one-car carport provide convenient parking options.
The primary unit is a spacious 4-bedroom, 1-bathroom apartment currently rented for $2,500. On the upper level, one rented studio generating $1,300 per month.
The property is being sold as-is and requires significant work, making it a fantastic opportunity for someone ready to invest in updates and care. With both units already generating rental income and the potential for more, this property could become a valuable asset in a prime Staten Island location.
Located in the desirable Silver Lake area, this property offers easy access to Silver Lake Park for outdoor activities and relaxation. The neighborhood is well-connected, with nearby bus routes like the S48 and S98, and close proximity to the Staten Island Expressway for easy commutes. Forest Avenue shops and restaurants are just minutes away. The area is also served by top-rated schools, including P.S. 45 and I.S. 27, making it ideal for families.
Located on Silver Lake Road, this semi-attached two-family property offers great potential for investors or buyers looking to generate rental income. The lot spans 2,400 sq. ft., with a building footprint of 17 ft x 37 ft. A built-in garage and one-car carport provide convenient parking options.
The primary unit is a spacious 4-bedroom, 1-bathroom apartment currently rented for $2,500. On the upper level, one rented studio generating $1,300 per month.
The property is being sold as-is and requires significant work, making it a fantastic opportunity for someone ready to invest in updates and care. With both units already generating rental income and the potential for more, this property could become a valuable asset in a prime Staten Island location.
Located in the desirable Silver Lake area, this property offers easy access to Silver Lake Park for outdoor activities and relaxation. The neighborhood is well-connected, with nearby bus routes like the S48 and S98, and close proximity to the Staten Island Expressway for easy commutes. Forest Avenue shops and restaurants are just minutes away. The area is also served by top-rated schools, including P.S. 45 and I.S. 27, making it ideal for families.
Location
State NY
County Staten Island
Area Tompkinsville
Zoning R3A
Rooms
Basement Finished, Partial
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick, Stucco
Amenities Available NONE
Roof Type Shingle
Handicap Access No
Building
Story 2
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Assumption,Bank Mortgage,Cash
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Listed by Lucblue Realty LLC
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716