Price Reduced 5.37%

$898,000 ($471.64 per sqft)

Est. Mortgage $4,541/mo *

Quick Pre-Approval

Price History

$949,000
8/28/2024

$928,000
10/24/2024

$898,000
12/12/2024


69 Myrtle Avenue, Old Westbury, (Westbury), NY, 11590

69 Myrtle Avenue, Old Westbury, (Westbury), NY, 11590

10 rooms

0 beds

1973

Duplex

1,904 sqft

Excellent Investment Opportunity or Ideal for End-Users! Current income of $5,800/month with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family homes in its price range. The spacious first-floor apartment offers approximately 1,250 sq. ft. of living space, including large rooms throughout. It features a living room, formal dining room, huge eat-in kitchen, master bedroom with an en suite bath, two additional bedrooms, and a full bath. The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8') and a separate exterior entrance via a wide side staircase, with its own heating zone and baseboard heat. Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more. Additional features: Excellent appearance Separate hot boilers and domestic water heaters for each unit


Status:

Active

Town:

Old Westbury

Type:

Single-family residential

Units:

2

Heating:

Natural Gas, Hot Water

Cooling:

Wall/Window Unit(s)

Basement:

See Remarks, Finished, Full, Walk-Out Access

Parking:

4-car, Carport, Covered, Driveway, Private

Est. Taxes:

$18,217

Construction

Vinyl Siding, Frame

Utilities

Trash Collection Public

Lot Description:

Near Public Transit, Near Shops, Level

Amenities:

Park

Middle School:

Westbury Middle School

High School:

Westbury High School

School District:

Westbury

Days on Market:

13

MLS #:

3572991


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Tapestry Real Estate of Queens 718-460-1943