The concept of a legal two-family house with ample space, such as one with 6 bedrooms, 2 full bathrooms and full basement, is an attractive proposition for both investors and homeowners. Such properties offer the flexibility of accommodating a large family or the option to live in one unit while renting out the other, potentially providing a steady income stream. The location in the village of Island Park adds to the appeal, with the convenience of being near essential amenities like train stations, beaches, shops, and restaurants. This combination of features makes for a compelling real estate opportunity, blending residential comfort with strategic proximity to local attractions and conveniences. Currently rented under market value with month to month leases. Flood Quote $1683yr
Legal 2 family house, 3 BRM 1 Bath over 3 BRM 2 Baths on over sized lot. Washer/Dryer in both units. Separate meters. Sprinkler system, gas heat. Taxes $11,611. 5 minute drive to beaches. Short walk to LIRR.
Bungalow in front has Eat in Kitchen, living room, laundry room, one full bath and one 1/2 bath, 2 bedrooms, loft bedroom with living area. --- Separate Cottage behind Bungalow, Studio, Efficiency Kitchen, living room, full bathroom, garage attached. Driveway. New Roofs one layer, new siding on Bungalow. Separate Meters.There is no flood insurance. Being Sold " As IS".
Legal 2 Family, Hi Ranch Style layout on irregular size lot. Great Investment! Lower level 2bedroom. Upper level 3 bedroom. upstairs was renovated 5 years ago ( some photos during renovation) Updated Kitchen, Bath, flooring! Current total rent $4500($5500+ potential in current market). Near Train and village Commercial district and Beach! Flood Quote $2106
This legal two-family home is a versatile and accommodating property, featuring distinct living spaces ideal for extended families or rental opportunities. The first floor boasts a spacious layout with three bedrooms and two and a half bathrooms, providing ample space and convenience for a larger family or group. The second floor, equally inviting, includes three additional bedrooms and a full bathroom, perfect for another family or tenants seeking comfort and privacy. Each unit has its own meter for both gas and electric, and separate gas boilers. The property also includes a private yard space with a concrete patio and an aboveground pool.
The median home value in Island Park, NY is $515,400. This is lower than the county median home value of $530,000. The national median home value is $219,700. The average price of homes sold in Island Park, NY is $515,400. Approximately 59.66% of Island Park homes are owned, compared to 29.75% rented, while 10.6% are vacant. Island Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Island Park real estate agent to arrange a tour today!
Island Park, New York 11558 has a population of 4,765. Island Park 11558 is less family-centric than the surrounding county with 28.38% of the households containing married families with children. The county average for households married with children is 36.68%.
The median household income in Island Park, New York 11558 is $89,158. The median household income for the surrounding county is $105,744 compared to the national median of $57,652. The median age of people living in Island Park 11558 is 40.9 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.6 inches per year, with 21.2 inches of snow per year.