69 Myrtle Avenue

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Address: 69 Myrtle Ave, Westbury, NY 11590, USA
Created date: December 5, 2024
Date last updated: February 5, 2025

Property Description

EASY TO SEE, Excellent Investment Opportunity or Ideal for End-Users! Perfect paying long-time tenants Current income of $5,800/month, with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family investment properties at its price point. The spacious first-floor apartment offers approximately 1,250 sq. ft. of living space, including large rooms. It features a living room, formal dining room, huge eat-in kitchen, primary bedroom with an en suite bath, two additional bedrooms, and a full bath. The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8') and a separate exterior entrance via a wide side staircase with its own heating zone and baseboard heat. Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more. Excellent appearance Separate hot boilers and domestic water heaters for each unit

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $898,000
No. of Units: 2
Year Built: 1973
Lot Size: 1,904.00 Sq ft
Opportunity Zone: No
Price per unit: $449,000
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 4
Address: 69 Myrtle Avenue, Westbury, NY 11590, USA
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