163/165 Lincoln Avenue
Property Description
4 Unit Multifamily Investment Opportunity. It consists of 2 semi-attached "legal non conforming use" 2 family homes, built about 1920, and located within the Incorporated Village of Rockville Centre. Each home has 2 updated one bedroom one bath units, totaling 4 units, with each unit having about 750 square feet. The upper units have direct access to a 3rd floor shared unfinished attic space for storage. There is also outside basement access provided to shared laundry facilities. The ground floor units have direct interior stairs to the unfinished common basement for storage and access to the shared laundry facilities. Each of the ground floor units have both a front and back door, butler pantry, as well as a beautiful wood burning fireplace. In addition, the yard has a detached 4 car garage, as well as a generous sized parking lot providing tenant parking for all 4 units, each unit having 2 assigned spaces. The property also has an additional shared outdoor recreation area located behind the garage for barbecuing and to enjoy. Given its close proximity to the town of Rockville Centre and the Long Island Railroad, the units are in high demand with a conservatively priced current rent roll, with room to grow. Interior sq footage is approximate.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,999,999 |
| No. of Units: | 4 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Price per unit: | $500,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-MLSLINY-1013918
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