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20-22 Bay Shore Avenue, Bay Shore, NY 11706

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For Sale

$1,390,000

0.41 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.4 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Introducing an exceptional investment opportunity: a fully occupied legal four-family home featuring 12 bedrooms with market-rate rents, delivering a strong net operating income of $105,416 and an impressive 7.58% cap rate. Property Highlights: Size: 5,024 sq. ft. building on a spacious 17,859 sq. ft. lot. Units: Four market-rate rental units with consistent tenant demand. Prime Location: Downtown Access: Just 0.1 miles from Main Street. Healthcare Proximity: Only 0.4 miles from South Shore University Hospital. Transportation: 0.4 miles from Bay Shore Train Station for easy commuting. Tenants enjoy walkable access to dining, shopping, healthcare, and public transportation, ensuring strong occupancy and future growth potential. This property offers investors a rare chance to own a turnkey asset in a highly sought-after area. Don t miss out on this opportunity to expand your portfolio. For more information or to schedule a showing, contact us today!
MLS# 813113

Courtesy Of Eric G. Ramsay Jr. Associate LLC

(631) 665-1500

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Stucco
  • Lot Size
    0.41 Acres
  • Rooms
    Basement

Map and Directions

Directions to 20-22 Bay Shore Avenue, Bay Shore, NY 11706

Home seller CENTURY 21 AA Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AA Realty

(631) 226-5995
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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