597 Midland Avenue
Property Description
A truly rare investment opportunity in the heart of Midland Beach! Offered together as one exceptional package, 597-599 Midland Avenue presents FOUR DETACHED SINGLE-FAMILY HOMES-an incredibly unique offering with immediate income, flexibility, and long-term upside. The portfolio consists of: 597 Midland Ave Front - detached duplex featuring 2 bedrooms and 1.5 baths; 597 Midland Ave Rear - detached ranch with 1 bedroom and 1 bath; 599 Midland Ave Front - detached duplex featuring 2 bedrooms and 1.5 baths, currently VACANT and ready for immediate occupancy or rental; and 599 Midland Ave Rear - detached ranch with 1 bedroom and 1 bath. The occupied residences have established tenants with a history of timely rent payments, providing reliable income from day one. Even more compelling, all four homes feature FREE-MARKET RENTS, giving the next owner valuable flexibility and future income potential. Ideally positioned near shopping, dining, schools, public transportation, and just minutes from Midland Beach and the waterfront, this property offers the combination investors look for but rarely find: multiple detached residences, existing rental income, a vacant unit, and future upside-all in one package. Perfect for a seasoned investor, portfolio expansion, or an owner-occupant looking to live in one residence while collecting income from the others. Four detached homes. One extraordinary opportunity. Properties like this rarely come to market!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,088,800 |
| No. of Units: | 4 |
| Opportunity Zone: | No |
| Price per unit: | $272,200 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 6 |
ID: 3yd-BMLSNY-503642
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