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Property Description

INVESTOR OPPORTUNITY! This solid all-brick legal two-family home offers a versatile layout with strong income potential. The 1st and 2nd floors are large 3 bedroom/2 bath apartments with large eat-in-kitchens & dining rooms. The first-floor apartment features an above grade level legal apt with a separate entrance, making it ideal for extended living, guests, a private office, recreation space, or additional living area. Additional highlights include deep garages with ample storage space, a dedicated shared laundry room, hardwood floors, a backyard, and extra off-street parking in front of the garages. The 50 x 116 lot offers a generously sized yard with valuable outdoor space. Each unit features separate utilities, providing added convenience and efficiency. The tenant pays gas, electric & heat while the landlord pays water and common-area electric. New high-efficiency windows were installed throughout 3 years ago. This property presents an excellent opportunity for cosmetic updates and personalization while benefiting from solid construction and a desirable location. Conveniently located near express NYC transportation, restaurants, shopping, and local amenities. Whether you are looking to occupy one unit while generating rental income from the other, or add a well-located multi-generational property to your investment portfolio, this home offers exceptional flexibility and income potential.

Overview

Property Status
For Sale
Lot Size
5,662.8 Sq.Ft.
MLS ID
26023319
Property Type
Multi-Family
Year Built
1972

Features & Amenities

Total Area
3,100 Sq.Ft.
Architecture Styles
2 Story
Garage Spaces
2.0
Water Source
Municipal Water
Parking
Attached Garage
Air Conditioning
Wall Unit A/C
Appliances
Dishwasher, Range / Oven, Refrigerator
Other Interior Features
Tub and Shower, Eat-in Kitchen
Sewer
City
Sales Price
$1,463,000
Real Estate Tax
$16,384/yr

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8 Cumbermeade Road

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8 Cumbermeade Road
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