423 Beach 66th St, Arverne, NY 11692

Prime Rental Income Opportunity - 3 Family Property Near the Beach in Arverne, NY. Discover a fantastic investment opportunity in the heart of Arverne! This well-maintained multi family home features three distinct units, offering the perfect blend of rental income and living space. Ideal for both investors and those looking to reside in one unit while renting out the others. Sold as is.nnProperty Features:nFirst Floor Unit:n - 4 Bedroomsn - 2 Bathroomsn - Rental Income: $2,900/monthn - Spacious layout with a decent kitchen, perfect for groups.nnSecond Floor Unit:n - 3 Bedroomsn - 1 Bathroomn - Rental Income: $2,000/monthn - Great space for tenants looking for comfort and convenience.nnThird Floor Unit:n - 2 Bedroomsn - 1 Bathroomn - Rental Income: $1,200/monthn - A unique space with potential for additional income.nnAdditional Features:n -Basement: Provides extra storage space for tenants or homeowners.n -Garage: Convenient parking option and additional storage.n -Backyard: A private outdoor space for relaxation or gatherings.nnInvestment Highlights:nTotal Rental Income: $6,100/month, providing excellent cash flow.nCap Rate: 8.14% indicating strong investment potential.nLocation:Just minutes from beautiful beaches, parks, and local amenities, making it attractive for renters and residents alike.nnAdditional Information:nOpportunity for Updates: While the units are in good condition, there is potential for minor updates to increase rental value.nnWhy This Property?nWhether yo