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Active - House for sale
360 Beach 88th Street, Rockaway Beach, NY 11693
Facts & features
Why you’ll love it
Introducing a rare gem, this legal 3-family property is a lucrative opportunity for savvy investors seeking a reliable and hassle-free income stream. This multifamily dwelling presents a well-designed layout, featuring a 2-bedroom duplex apartment alongside two additional 2-bedroom apartments. Boasting a side-by-side arrangement, this duplex provides ample living space, creating an ideal environment for a comfortable and modern lifestyle. A significant advantage for the owner, tenants are responsible for covering all utility costs. This arrangement translates to reduced operational expenses and a hassle-free management experience. Nestled in the charming neighborhood of Rockaway Beach, this property offers the perfect blend of convenience and tranquility. Residents enjoy easy access to the beach, local amenities, and public transportation, making it an attractive choice for tenants. As an investor, your primary focus can be on enjoying the financial benefits. The owner's obligations are limited to insurance, taxes, and water, streamlining the management process and allowing you to take a hands-off approach. With a well-established tenant base and a layout designed for maximum occupancy, this property presents a fantastic opportunity for generating passive income. Sit back and watch your investment flourish with minimal effort. No flood insurance required.
Listed by: Melissa Gomez • melissagomezera@gmail.com • ERA/Top Service Realty Inc
Co-listed by: Abdool N Rahaman • Nasrahaman@gmail.com • ERA/Top Service Realty Inc
Come see by yourself
Affordability
$5,464/mo
- Mortgage$5,051
- Property tax$413
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Rockaway Beach
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
