Calling All Investors, Developers & End-Users!!! 8 Cap 100% Occupied 3 Unit Free Market Apartment Building For Sale!!! The Building Features Great Exposure, Excellent Signage, 6 Parking Spaces, High 8' Ceilings, 2 Driveways, Carport, Fenced Yard, 4 Meters, All New LED Lighting, 200 Amp x 4 Power, A/C, +++!!! The Property Was Completely Renovated In 2022 & Would Be The Perfect Location For People With A Large Extended Family!!! The Property Is Located In The Heart Of Deer Park Directly Across From Pine Acres Park & Just 2 Minutes From Deer Park Ave. (Rt 231)!!! Neighbors Include Nike, Coach, The Home Depot, ShopRite, CVS, 7-Eleven, Extra Space Storage, AutoZone, Sunoco, Uncle Giuseppe's, Sonic, Retro Fitness, Tropical Smoothie Cafe, Taco Bell, McDonald's, Texas Roadhouse, Mavis Discount Tire, Dollar Tree, Red Lobster, Aldi, +++!!! This Could Be Your Next Development Site Or Investment Property!!! Income: LL: $31,200 Ann. M-M. 1st Floor: $42,000 Ann. M-M. 2nd Floor: $55,200 Ann. M-M. Gross Income: $128,400 Ann. Expenses: Oil: $5,000 Ann. Electric:$5,000 Ann. Maintenance & Repairs: $250 Ann. Water: $2,500 Ann. Insurance: $2,500 Ann. Taxes: $17,183.21 Ann. Total Expenses: $32,433.21 Net Operating Income (NOI): $95,966.79 (8 Cap!!!)
3500672
Mixed Use, Business Opportunities, 2 Story
Suffolk
1964
0.34
Acres
2
5,200
Sq. Ft.
Yes
- 6
spaces
3 Total
Interior Features
- Heating
- Oil. .
Exterior / Lot Features
- Parking
- 6 Garage Spaces. 6 Parking Spaces.
- Lot Dimensions
- 119x125
- Zoning
- single fam
Financial Considerations
0100-022-00-02-00-018-004
$17,183
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