69 Myrtle Avenue, Westbury, NY, 11590
$898,000
Misc
For Sale
, 1904 SqFt
Details
ML#: 3572991
- # of Families: 2
- Year Built: 1973
- Taxes: $18,217
- Status:Active
Description
Excellent Investment Opportunity or Ideal for End-Users!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 homes in its price range.The spacious first-floor apartment offers approximately 1, 250 sq. ft. of living space, including large rooms throughout. It features a living room, formal dining room, huge eat-in kitchen, master 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.Additional features:Excellent appearanceSeparate hot boilers and domestic water heaters for each unit
More Property Details
Other: 10
Lot Sq Ft: 5000
Approx. Int. Sq. Ft.: 1904.00
Parking Spaces: Yes
Parking Spaces: 4
Parking Facilities: Carport, Covered, Driveway, Private
Heat: Natural Gas, Hot Water
A/C: Wall/Window Unit(s)
Water: Public
Taxes: $18,217
School District: Westbury Middle School
Zoning: Business B-4
Block: 131
Lot: 399
Listing Information provided courtesy of
Tapestry Real Estate of Queens
718-460-1943