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About the Listing BRMN02 - 14439
Rare Investment Opportunity: Multi-Family This isn't just another listing; it’s a once-in-a-lifetime opportunity to secure a high-performing asset with built-in growth potential. Whether you are looking for a turnkey rental machine or a project with a massive upside, this property delivers on every front. Property Highlights Current Configuration: Legal two-family residence. Major Renovations (2010): Peace of mind comes standard. The property underwent a comprehensive overhaul in 2010, including: Updated Plumbing: Modernized throughout. Upgraded Electric: Total system overhaul. New Sheetrock: Clean, modern finishes in both units. Mechanicals: Equipped with high-efficiency Separate boilers in both units. Utilities: Separate electric meters for each unit, keeping overhead low and management simple. Financials & Value Add Current Rent Roll: Generating a robust $6,700 per month. Why This Property? The heavy lifting has already been done. With the major systems updated and a strong existing rent roll, you can collect a premium income from day one while pursuing the third-unit conversion. Multi-family properties with this level of upkeep. Investor Note: High demand and a proven income stream make this an ideal candidate for 1031 exchanges or a cornerstone for any real estate portfolio. Don't wait—opportunities with this much "meat on the bone" disappear fast.
Listing Highlights for 241 Covert St
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Basement: Unfinished
- Other: First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Entrance Foyer,Storage,Washer/Dryer Hookup
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $13,217
- Taxes w/Assessments: N/A
- Tax/Property ID: 2289-11-099-00-0031-0
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
241 Covert St Westbury, NY 11590
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