Excellent investment opportunity at 53 River Ave in Patchogue, NY! This well-maintained 2-family Cape is in great condition and comes fully occupied with paying tenants, offering immediate cash flow from day one.
The first-floor unit features 2 bedrooms and 1 full bath, currently rented for $2,100/month. The second-floor unit offers 1 bedroom and 1 full bath, bringing in $1,496/month. The property also includes a full basement, providing additional storage or potential for future use. Whether you’re looking to expand your portfolio or secure a turnkey income-producing property, this is an opportunity you don’t want to miss!
47 days
|
22
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Legacy Capital Realty LLC347-567-5047,
Anderson Minaya PSA SFR347-567-5047
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 976627
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Heating
Baseboard
Cooling
None
Features
First Floor Bedroom, First Floor Full Bath
Basement: Bilco Door(s),Partially Finished
Interior area
Total structure area: 1,300
Total interior livable area: 1,300 sqft
Property
Parking
Parking features: Driveway
Has uncovered spaces: Yes
Lot
Size: 0.37 Acres
Details
Parcel number: 0204012000900032000
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Materials
Frame
Condition
Year built: 1965
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Connected
Community & HOA
Location
Region: Patchogue
Financial & listing details
Price per square foot: $499/sqft
Tax assessed value: $2,150
Annual tax amount: $12,612
Date on market: 3/26/2026
Cumulative days on market: 83 days
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
$641,000
Estimated sales range
$609,000 - $673,000
Rent Zestimate®
$3,172/mo
Price history
Date
Event
Price
6/1/2026
Pending sale
$649,000$499/sqft
Source: OneKey® MLS as distributed by MLS GRID #976627Report a problem
5/12/2026
Listing removed
$649,000$499/sqft
Source: OneKey® MLS as distributed by MLS GRID #976627Report a problem
4/19/2026
Price change
$649,000+18.2%$499/sqft
Source: OneKey® MLS as distributed by MLS GRID #976627Report a problem
4/8/2026
Listed for sale
$549,000$422/sqft
Source: OneKey® MLS as distributed by MLS GRID #976627Report a problem
3/27/2026
Listing removed
$549,000$422/sqft
Source: OneKey® MLS as distributed by MLS GRID #976627Report a problem
3/26/2026
Listed for sale
$549,000+83%$422/sqft
Source: OneKey® MLS as distributed by MLS GRID #976627Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.