Magnificent, true Legal 2 Family by C/O in prime Incorporated Village location, 6 over 6 with full finished basement with full bath, 6 bedrooms, and 3 full baths. Great curb appeal with brick and vinyl sided exterior, vinyl soffits, leaders and gutters, double cement driveway, cement walkway, cement stoop and steps with wrought iron railings. First floor features living room and formal dining room with hardwood floors, eat-in kitchen, ceramic tile full bath, and 3 bedrooms with hardwood floors. Second floor remodeled with living room and dining room with hardwood floors, new eat-in kitchen with upgraded stainless steel appliances, updated ceramic tile full bath, and 3 bedrooms with hardwood floors. Oil heat, separate hot water heater, 3 zone heat, above ground 275 gallon oil tank, 2 separate electric panels, 100 amps each, 3 separate electric meters. Cement patio, 2 sheds. Very convenient location, close to all transportation and shopping. Incredible investment, 6%+ cap rate. First floor tenant has been there for over 20 years, rent $2,900 a month, plus electric and 40% of heat and water, lease expires 1/31/28. On 1/31/27 as per lease agreement, rent will be increased $200 to $3,100 a month. Second floor tenant, rent is $3,300 a month, plus electric, lease until 4/30/27. Tax grievance filed.
Listing By
Agency Name: Coldwell Banker American Homes
Agency Contact: 516-293-2323
Shown By
Agent Name: Marianne Celerin
Agent Phone: Cell: (631) 782-9151
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 6,510.93 per month $4,895.77 Principal & Interest $1,282.67 Property Tax $332.50 Homeowner's Insurance
28 Baldwin Street | MLS# 1014181
This multi-family property located at 28 Baldwin Street , Farmingdale, NY 11735 is currently listed for sale with an asking price of $1,139,990. Baldwin Street is located within the Farmingdale school district. Search Farmingdale real estate on mcelerin.coachrealtors.com today.