Courtesy of: Celia M. Santos, LAFFEY REAL ESTATE, csantos@laffeyre.com
Courtesy of: Celia M. Santos, LAFFEY REAL ESTATE, csantos@laffeyre.com
$2,900,000
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Lot: 0.80 Acres
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Other
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$2,900,000
127 Inlet Road W RARE FIVE-UNIT INVESTMENT COMPOUND & LOW TAXES | HAMPTON BAYS, NY. A rare five-unit compound on 0.80-acre property, in Hampton Bays, featuring a two-story main house and four detached cottages, each separately configured and currently leased. Just locks from the Shinnecock Bay shore line. This exceptional offering features a spacious two-story main house with 4 bedrooms and 4 full bathrooms, plus four detached cottages consisting of three 2-bedroom units and one 1-bedroom unit, each with its own full bathroom. The property also offers 8 parking spaces, providing added convenience for residents. Currently fully occupied, all five residences generate a combined $213, 600 in gross annual rental income, with reported annual operating expenses of $36, 249 and an estimated net operating income of $177, 351. Ideally located near Shinnecock Bay, beautiful beaches, shopping, dining, and recreational amenities, this distinctive property combines the charm of Hamptons coastal living with established rental income and long-term investment potential. An outstanding opportunity for investors seeking a diversified rental portfolio in one of Long Island's desirable East End communities. All information, rental income, expenses, and property uses should be independently verified.
Courtesy of: Celia M. Santos, LAFFEY REAL ESTATE, csantos@laffeyre.com
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