Active

$564,000

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 2376 sq ft
Overview
  • ID: MFRTB8518903
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 2376 sq ft
Property Details
Remarks
Turnkey waterfront fourplex offering a vacant, move-in-ready investment opportunity with long-term upside. This vacant, fully renovated property consists of two separate buildings with a total of four 2-bedroom, 1-bath units, offering 8 bedrooms, 4 bathrooms, and 2,376 square feet of living space. Extensive 2025 and 2026 renovations include new asphalt shingle roofs, new windows, and new central HVAC systems throughout all four units. Each unit has been updated with new cabinetry, brand-new stainless steel refrigerators, ranges, and microwaves, fresh interior paint, and updated trim throughout, providing a low-maintenance investment for years to come. Market rents for comparable units average approximately $1,400 per month, offering strong income potential from day one. Whether you're looking to expand your portfolio or add a turnkey asset to your holdings, this fully renovated waterfront fourplex delivers flexibility to lease up immediately, strong upside potential, and minimal deferred maintenance.
Financial Considerations
Price:
$564,000
HOA Fee:
N/A
Tax Amount:
$5992.39
Price per SqFt:
$237.37
Tax Legal Description:
SUNSET ESTS R/P PB 6 PG 104 LOTS 15 16 & 17 BLK C
Exterior Features
Lot Size:
15900
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Off Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Half Duplex
Style:
N/A
Year Built:
1970
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Entrance, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    7228 NEW YORK AVE
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