Buy with Yoreevo
$1,576,693
List Price: $1,598,000
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28 W Olive Street
House in Long Beach •  building info
5bd • 4ba • 2,556ft² $625 per ft²
Buy with Yoreevo

$1,576,693

List Price

$1,598,000

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Key Details
Days on market
62
Last price change
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Estimated payment
$10,664
Taxes
$1,336
Monthly maintenance
N/A
Description
FANTASTIC LOCATION !! This recently renovated home in the very desirable Westholme Area of Long Beach is only a few short blocks from the beach/boardwalk and the LIRR. It's also close to shopping, fabulous restaurants, houses of worship, and about one mile from the West End. This home is currently utilized as a 2 family home, but can also be easily converted back to a single-family home, if desired. Whether you're interested in living in one unit to use as a summer getaway while generating rental income from the other unit or are an investor looking to rent out both units as a long-term investment, this house is perfect for all homeowners looking to call the action-packed "City by the Sea" home. This 2550-square-foot home has 5 Bedrooms and 4 bathrooms. Completely renovated in 2017, it was completely gutted down to the studs to code with all-new electrical, plumbing, Central HVAC, hardwood oak floors, windows, doors, kitchens, and bathrooms. Featuring a wood-burning fireplace, 9-foot ceilings throughout, and an open concept that's ideal for entertaining. The basement is also fully finished, with an office and ample closet space. Each floor has its own separate Heat, Central AC & Electric. 1st FLOOR - 1,400 square feet. Kitchen with 8 foot island, granite countertops, open concept double living room with fireplace, 2 Bedrooms, 2 Full Bathrooms (one Full Bath is part of the Master Suite), Large private patio, Front Porch, full finished basement with office & separate laundry room. 2nd FLOOR - 1,160 square feet. Kitchen with granite countertops, open concept to living room and 20 x 12 outdoor private deck, 3 Bedrooms, 2 Full Bathrooms & separate laundry room, attic storage. * Low Taxes - Total taxes are $16,035 without STAR Exemption The property's outdoor spaces include a front porch, a large backyard patio for entertaining, beautiful landscaping, and a well-maintained yard with an in-ground sprinkler system, an outdoor shower, and room for a pool. The second floor has a large balcony deck right off of the open living room and kitchen area. Property is 60 x 100. 2-car Garage and private driveway with parking for 4 cars, adding convenience for either residents or tenants. Whether you're looking for a summer getaway, a long-term investment, or a combination of both, this 2-family home in Long Beach is an opportunity not to be missed. House is fully occupied, 1st Floor will be vacant upon closing.

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Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,598,000
Asking Price: $1,598,000
Term
30 Years
Down Payment
$159,000 (10%)
Min: 10% (159,000)
Rate
6.75 %
Mortgage Amount
$1,438,200
Mortgage Payment
$9,328
Taxes
$1,336
Estimated Yoreevo rebate
$21,307
Estimated closing cost
$57,000
Total monthly cost $10,664
Buy your dream home with us and get an estimated
$21,307 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Owner Entry.com

Information ©2024, 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.