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305 Roosevelt Boulevard, Long Beach, NY 11561

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For Sale
Sale Pending

$1,199,999

7 beds • 4 baths • 3,900 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $307.69
    Price per square foot

  • New Construction, 11-20 Years Old
    Age

Explore this Property

Welcome to your dream investment opportunity! This FEMA compliant, legal two-family home, is a rare find in the heart of Long Beach. Built in 2013 and perfectly positioned just steps from the pristine beaches and the bustling boardwalk, this home delivers both luxury living and incredible income potential. The first-floor residence features elegant interiors with hardwood and tile floors throughout. The spacious eat-in kitchen boasts granite countertops and stainless steel appliances. Comfort is ensured with three generously sized bedrooms, two full bathrooms and a cozy gas fireplace. Additional amenities include a private washer and dryer, a fenced-in yard and a storage shed. Parking is a breeze with a private driveway and the unit has its own central air and gas heat as well as its own thermostat. The upstairs duplex offers an expansive living area with soaring cathedral ceilings and a vast open-concept living room and dining room. The eat-in-kitchen includes granite countertops and stainless steel appliances. The main floor has three spacious bedrooms and two full bathrooms, while the second floor features an exceptionally large fourth bedroom. Enjoy the warmth of the gas fireplace in the living area, outdoor living on the private deck off of the master bedroom as well as the large fenced-in side yard & backyard with patio. This unit also includes its own private washer and dryer, a one car garage and a private driveway. Like the lower unit, this too has its own central air conditioning and gas heating, each unit with individual controls. With separate meters for each unit, tenants pay their own utilities, making this an amazing income-producing property. Taxes have never been grieved. Flood insurance is $1,580 and is transferrable. Current rents, while very attractive, are significantly lower than market value, creating an opportunity for further increase in cash flow. Located on the east side of town, this home is close to the beach, boardwalk, restaurants, and shops. Properties like this don't come on the market often. Whether you're looking for a lucrative investment or a beautiful home by the beach, this property offers the best of both worlds. Act now to secure this moneymaker in a prime Long Beach location!, Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
MLS# L3561463

Courtesy Of Coldwell Banker American Homes

(866) 664-0347

Property Features

  • Age
    New Construction, 11-20 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Stone, Vinyl Siding
  • Floor Covering
    Hardwood
  • Heating System
    Baseboard, Hot Water
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 305 Roosevelt Boulevard, Long Beach, NY 11561

Home seller CENTURY 21 Verdeschi & Walsh 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 Verdeschi & Walsh Realty

(516) 431-6160
Learn More About Us

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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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