$1,575,000
530 Oceanpoint Avenue
Cedarhurst, NY 11516
5
Beds
2
Baths
1,942
Square feet
1932
Built
Listing narrative
Description
PRIME CEDARHURST LOCATION! Fantastic opportunity to own a beautifully updated legal two-family home in the heart of Cedarhurst! Situated on an oversized 60' x 100' property, this versatile home is perfect for investors, end users looking to offset their mortgage with rental income, or those looking to convert into a spacious single-family residence. Both apartments have been newly renovated and updated! The first-floor apartment features 2 bedrooms, 1 full bathroom, and a spacious living room. The second-floor apartment offers 3 bedrooms, 1 full bathroom, and a large living room. Additional features include a finished basement with a separate entrance and laundry room, plus a third floor. Each apartment has its own gas, electric, and water meters, as well as separate boilers and hot water tanks, providing convenience and independent utilities. Enjoy a large backyard, long private driveway, and oversized garage. The home offers 1,942 square feet of living space, not including the basement and third floor. An exceptional opportunity in a prime Cedarhurst location with tremendous flexibility and potential. Live in one unit and rent the other, enjoy a fully income-producing investment, or explore the possibility of converting into a large single-family home!
Property Details
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Price
$1,575,000
Beds
5 bd
Type
House
Home Size
1,942 sqft
Baths
2
Lot Size
0.14 acres
Year
1932
Status
New
Days on Market
1
$ / Sqft
$811
Courtesy of Pin It Realty LLC





