7 LAFAYETTE AVE
MASTIC, NY 11950

$350,000

3 Beds

1 Baths

N/A Sq Ft

Status Pending

MLS# 3528161

Welcome to an outstanding investment opportunity in Mastic. This cape-style home, featuring 3 bedrooms and 1 bath, comes with a current tenant in place until next January. The property is Section 8 approved, and the approval seamlessly transfers with the house, offering a hassle-free investment transition for the new owner (reapplication for the rental permit required). This property is a smart choice for investors seeking value and potential. The functional layout creates a warm and inviting atmosphere, making this home an ideal residence for tenants. One of the key advantages of this investment is its Section 8 status, providing a steady income stream and increased stability. The new owner will need to reapply for the rental permit, and with the existing tenant in place until next January, you can enjoy immediate returns on your investment. Benefiting from low taxes, this property enhances its appeal as an attractive investment opportunity.

Details for 7 LAFAYETTE AVE

0 parking spaces

Oil, Hot Water

143 Days on website

0.18 acres lot

Interior

Bathrooms Full

Bathrooms Total

Bedrooms Total

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Year Built

1927

Exterior And Lot

Lot Size Acres

0.18

Lot Size Square Feet

7841

Lot Size Units

Acres

Parking Features

Private, Driveway

Utilities

Cooling

["None"]

Heating

Oil, Hot Water

Area And Schools

City

Mastic

County Or Parish

Suffolk

High School

William Floyd High School

Middle Or Junior School

William Floyd Middle School

School District

William Floyd

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

List Price Low

$350,000

Tax Annual Amount

$2,843.41

Additional Info

Mls Status

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

RE/MAX Integrity Leaders, 631-736-2000

Updated

7:40am UTC- 6/20/2024

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