Outstanding income-producing opportunity in Hicksville with this 4-unit apartment building offering immediate cash flow and strong long-term investment potential. Each unit is currently rented for $1,000 per month, generating $4,000 in gross monthly income and making this an attractive addition to any real estate portfolio. The property features a desirable unit mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-full-bath unit, providing flexibility and broad tenant appeal. Vinyl siding offers low-maintenance exterior care, while the on-site parking lot adds convenience for tenants and enhances overall rental desirability. With all four units producing income, this property presents an excellent opportunity for investors seeking steady returns, whether as a first multifamily purchase or as a valuable expansion to an existing portfolio. The motivated seller creates added potential for buyers looking to secure a solid asset with proven rental income, practical amenities, and continued upside in a growing investment market.
123 days
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29
|
1
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Keith M. Degnan419-345-7808,
Key Realty
Source: NORIS,MLS#: 10005237
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 5
Heating
Forced Air, Natural Gas
Cooling
Window Unit(s)
Appliances
Included: Other
Laundry: Other
Features
Other
Flooring: Carpet
Has basement: No
Interior area
Total structure area: 3,360
Total interior livable area: 3,360 sqft
Property
Parking
Total spaces: 8
Parking features: Parking Lot
Features
Has view: Yes
View description: Park/Greenbelt
Lot
Size: 7,840 Square Feet
Dimensions: 117X66
Features: Other
Details
Parcel number: E060025004801
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding
Foundation: Crawl Space
Roof: Shingle
Condition
New construction: No
Year built: 1980
Utilities & green energy
Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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