10 Sally Lane
Ridge, NY, United States
$950,000

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10 Sally Lane Ridge, NY 11961

Property Features

  • 6 Beds
  • 3 Full Baths
  • MLS # 810219
  • Year Built: 1960
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Property Description

Excellent Investment Opportunity. Legal (by CO) three family house with great income. Well maintained and updated with all newer kitchens and baths, newer roof and oil burners. Tenants pay for their own electric and heat, owner pays for taxes, water and insurance (low maintenance expenses). Currently fully Tenanted; Apt. 1 pays $2650/mo. Apt. 2 & 3 each pay $2350/mo. NOI close to $70,000 per year. (pro-forma is attached). House is located in a quiet residential area, on a large .75 acre semi-wooded lot, private off street parking in the rear and close to major highways and LIRR. A rare find in Suffolk county, centrally located (near two major highways) don't miss this opportunity for generating passive income.

Property Highlights

  • Basement: Partial, Unfinished
  • Cooling: No A/C
  • Heating - Fuel Type: Oil
  • Kitchen Features: Eat-in Kitchen
  • Lot Description: Level
  • Sewer: Cesspool
  • Water: City Water

Location

The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

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