Mulford StPatchogue, NY 11772

For Sale
$1,100,000

High-Income Potential: Warehouse & Home

Overview

Added:
Feb 3
Days on market:
39
This unique Patchogue, NY property presents a compelling investment opportunity encompassing a 5,200 square foot mixed-use building. Currently generating substantial rental income, the property includes a warehouse with a rental income potential of $2,500 to $3,000 per month and a separate residential home generating $4,000 per month in rental income. This translates to a significant annual return for the investor. The property is situated on a lot with no acreage specified. The asking price is $1,100,000. The warehouse component offers potential for subdivision, subject to obtaining necessary Village approvals and permits. This presents an attractive option for an investor seeking to maximize their return through multiple rental streams or for an owner-occupant looking to combine living and business operations. The existing rental income stream provides immediate cash flow, mitigating risk and offering a strong foundation for future development or continued operation as a multi-unit income-generating property. This is a rare opportunity to acquire a high-yield property in a desirable location. The property's versatility and current income generation make it an exceptional investment prospect. Serious inquiries are encouraged to explore this unique opportunity further.

Location Insight

City
Patchogue
County
Suffolk County
State
New York
Latitude
40.75809
Longitude
-73.01296
Mulford St, Patchogue, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Mulford St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message