61-63 Clark Hill Road
Property Description
**INSTANT CASH FLOW OPPORTUNITY** Exceptional investment opportunity tucked away at the end of a long private driveway. 1 unit being rented in this 2-family property in a prime East Hampton location! This well-maintained multi-family building offers strong, consistent rental income with long-term, reliable tenant already in place. Left Unit, #61 features 3 bedrooms, 2.5 bathrooms, 660+sqft of living space in the lower level. The Right Unit, #63 has 3 bedrooms and 1.5 bathrooms 400+sqft of living space in the lower level. All units have separate utilities, in-unit laundry, kitchen with dining area, Living room & access to a lush backyard. Exterior yard has a poured foundation ready for outbuilding should you decide to add one. Additional highlights include separate tenant-paid utilities, ample off-street parking, newer roof '23, and a full lower level that houses the mechanicals while providing valuable storage space and additional space for your tenants. Whether you're an investor looking to expand your portfolio and build long-term wealth, or an owner-occupant seeking the opportunity to offset your mortgage with rental income, this property checks all the boxes. Conveniently located near major highways, shopping, restaurants, and local amenities, this is a rare opportunity to own a turnkey multi-family property. Don't miss your chance to secure a high-performing income-producing asset! NEAR East Hampton Lake Pocotopaug with Beach. Boat and water access. AGENT/OWNER
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $424,900 |
| Year Built: | 1986 |
| Lot Size: | 2,484.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 5 |
ID: 3yd-CTMLS-24204994
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
The Tannery
Philadelphia, Pennsylvania
116-118 N Mississippi Ave
Atlantic City, New JerseyBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout