Buy with Yoreevo
$802,565
List Price: $814,500
Share Listing
Save Listing

248 Guy Lombardo Avenue

House in Freeport •  building info
2bd • 8,541ft² • $95 per ft²
Buy with Yoreevo

$802,565

List Price

$814,500

Key Details
Days on market
loading...
Last price change
loading...
Estimated payment
$5,169/mo
Taxes
$536/mo
Maintenance
N/A
Description
Welcome to this exceptional, legal two-family residence located on a prime, beautifully landscaped large corner lot (75' x 125') in the heart of Nassau County. Featuring a rental permit in place and a reliable, problem-free tenant already generating $1,700 per month under lease, this property represents an outstanding investment opportunity or an ideal mother-daughter setup with income potential. Property Highlights & Mechanicals Lot & Exterior: Expansive 75' x 125' corner lot with professional landscaping, a lawn sprinkler system, a 4-car concrete driveway, and a detached single-car garage with electricity. Additional exterior amenities include three outdoor water spigots (with hot water access), a storage shed with a newer roof, and a side entrance to the basement. Systems & Utilities: Powered by cost-efficient Freeport Electric with two separate electric meters, 200-amp service, and two separate gas meters. Equipped with independent gas heating, central station alarm, updated smoke and carbon monoxide detectors, and a 10-year-old roof. Basement: Full unfinished storage basement featuring a washer and dryer, hot water tank, and gas boiler. Apartment 1 A beautifully appointed main living space showcasing real hardwood floors, exquisite crown molding, and brand-new porcelain tile flooring. Layout: Primary bedroom, newly renovated full bath, spacious living room, dining room, kitchen, personal gym space, and a large windowed porch. Kitchen & Comfort: Outfitted with a new refrigerator, electric stove, and Energy Star appliances, complemented by generous closet space throughout. Apartment 2 Layout: Private bedroom, comfortable living room, kitchen, full bath, two spacious closets, and a pantry. Kitchen & Income: Features a large refrigerator, gas stove, and Energy Star appliances. Currently rented with a dependable tenant in place, generating $1,700 per month in rental income. Location & Convenience Ideally situated in Freeport School District (Elementary School District 009 / Archer Street School just two blocks away), this home offers incredible walkability. Enjoy being just minutes away from the famous Nautical Mile, local supermarkets, shopping, dining, and neighborhood parks. A rare find offering both charm and strong income generation in a prime South Shore location!

Hide full description

Home features
Fireplace
Hardwood floors
Building amenities
Services and facilities
Parking

Garage

Building info
History
What it'll cost
Purchase price
$814,000
Asking Price: $814,500
Term
30 Years
Down Payment
$81,000 (10%)
Min: 10% (81,000)
Rate
6.5 %
Mortgage Amount
$733,050
Mortgage Payment
$4,633
Taxes
$536
Estimated Yoreevo rebate
$11,935
Estimated closing cost
$25,000
Total monthly cost $5,169
Buy your dream home with us and get an estimated
$11,935 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Coldwell Banker American Homes

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.