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$1,247,500
List Price: $1,250,000
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161 W Walnut Street
Apartment in Long Beach •  building info
7bd • 5.5ba • 4,000ft² $313 per ft²
Buy with Yoreevo

$1,247,500

List Price

$1,250,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
274
Last price change
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Estimated payment
$7,111
Monthly taxes
N/A
Monthly maintenance
N/A
Description
Welcome to your dream property at 161 West Walnut St, nestled in the heart of the Westholmes area of Long Beach, just a mere 1600 feet away from the enchanting ocean. Prepare to be captivated by this classic two-family dwelling, exuding timeless charm and elegance. With seven spacious bedrooms and five full baths, this residence offers ample room for all your desires and needs. Step into a world of refined living, where every detail has been meticulously attended to. This home is truly a testament to exceptional maintenance, featuring all-new gutters, windows, doors, and stucco. A standout feature is the outstanding outside porch, where you can unwind and relish in the delightful coastal breeze. One of the most impressive aspects of this property is its resilience during challenging times. Even during the infamous hurricane Sandy, the basement remained untouched by water, providing you with peace of mind and security. For the automobile enthusiasts, the property boasts an oversized driveway, easily accommodating up to six cars, in addition to a full car detached garage-a true luxury in a bustling area like this. The generously sized backyard offers a wealth of possibilities, whether you want to create a lush garden oasis, a serene retreat, or a lively entertainment space. Stay comfortable year-round with the convenience of central air conditioning throughout the entire home, ensuring a cool and pleasant atmosphere in every season. As you step inside, you'll be greeted by the first floor's fantastic open concept layout, adorned with beautiful hardwood floors, abundant natural light, and soaring 9-foot ceilings, creating an ambiance of openness and grandeur. The first floor itself boasts open concept kitchen, living room, dining room, laundry and half bath. Second floor consists of the primary ensuite (full bath) and an additional bedroom and full bath for the main house with a portion of that floor separated for the 2nd unit which consists of 2 bedrooms, living room, kitchen, dining room and full bath. Head on up to the 3rd floor and you'll find 3 more bedrooms with a full bath for the main house. This property is not just a home; it's a savvy investment opportunity. Equipped with two boilers, two hot water heaters, and two electric meters, you have the flexibility to explore various rental possibilities, adding to your financial prosperity. One of the most alluring aspects of this property is its extremely low taxes and flood policy, ensuring that you can savor the pleasures of living in this desirable location without undue financial burdens. In summary, 161 West Walnut St is a timeless gem, combining classic elegance, outstanding condition, and a superb location (close to restaurants, LIRR, and shops), all within a short distance of the majestic Long Beach boardwalk and Atlantic ocean. Don't miss the chance to make this dream property yours and embark on a life of coastal luxury, comfort, and investment potential. Welcome home!

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Important Stuff
Washer/Dryer in unit
Listing Amenities
Dishwasher
Building Amenities
Parking Available
History
What it'll cost
Purchase price
$1,250,000
Asking Price: $1,250,000
Term
30 Years
Down Payment
$125,000 (10%)
Min: 10% (125,000)
Rate
6.5 %
Mortgage Amount
$1,125,000
Mortgage Payment
$7,111
Estimated Yoreevo rebate
$2,500
Estimated closing cost
$20,000
Total monthly cost $7,111
Buy your dream home with us and get an estimated
$2,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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