$919,999

20 E Pine Street, Long Beach, NY 11561

  • 6 beds |
  • 4 baths |
  • 2,304 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon4,935sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $399/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Don't miss this exceptional opportunity to own a **legal two-family** home in the heart of Long Beach. This well-maintained, **income-producing property** is being sold **with paying tenants in place**, making it an ideal investment for buyers seeking immediate cash flow. The property currently generates **$5,400 per month in gross rental income ($64,800 annually)**. The first-floor unit is occupied with a lease in place through **October 31, 2026**. The second-floor unit is also occupied on a **month-to-month tenancy**. Each spacious unit features **3 bedrooms, 1.5 bathrooms**, generously sized rooms, and excellent closet and storage space. Additional highlights include a **two-car garage**, a **basement with bonus space** with separate entrance, and a location just **minutes from the beach**, shopping, restaurants, parks, bars, and public transportation. The home is in **excellent condition** with **multiple important updates**, including the **roof, windows, boiler, and hot water heater**, all completed approximately **10–15 years ago**. A **new rear deck** provides additional outdoor living space and enhances the property's appeal. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this legal two-family offers strong rental income, valuable updates, and an unbeatable Long Beach location. Don't miss this excellent investment opportunity!

Listing Status:
Active
Data Last Updated:
August 11, 2026 at 4:22AM
Listing Office:
Fave Realty Inc : 516-519-8049
MLS ID:
1025115
  • General: Other
  • Basement: Partially Finished
  • A/C: None
  • Heating: Natural GasOther
  • Parking: DrivewayGarage
  • Originating MLS: onekey2
  • School District: Long Beach
  • County: Nassau County
  • Zoning: 1000-59-092-00-0060-0
  • Utilities: Electricity ConnectedNatural Gas ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Fave Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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