New Listing - 01/07/2025
69 Myrtle Avenue, Old Westbury, (Westbury), NY, 11590
10 rooms
4 beds
4 Full baths
1973
Cape Cod
1,900 sqft
Excellent Investment Opportunity or Ideal for End-Users! Perfect paying long-time tenants 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 1,200 sq. ft. of living space, including large rooms. It features a living room, formal dining room, huge eat-in kitchen, main 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. Excellent appearance Separate hot boilers and domestic water heaters for each unit
Status:
Active
Town:
Old Westbury
Type:
Single-family residential
Laundry Remarks:
In Basement, Laundry Room, Washer Hookup
Garage:
4-car
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
Brick, Frame, Vinyl Siding
Utilities
Trash Collection Public
Lot Description:
Back Yard, Front Yard, Level, Near Golf Course, Near Public Transit, Near Shops
Amenities:
Park
Elementary School:
Dryden Elementary School
Middle School:
Westbury Middle School
High School:
Westbury High School
School District:
Westbury
Appliances:
None
MLS #:
810501
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Tapestry Real Estate of Queens 718-460-1943