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Clocks Boulevard
House in East Massapequa •  building info
10bd • 3ba
Sold price

$1,200,000

Description
INVESTORS DELIGHT..MAJOR INCOME PRODUCER, CAP RATE OVER 9%! This is a 10 bedroom with a 3 family permit in Massapequa. This home has 3 boilers, 3 hot water heaters, and 4 electric panels (last one for common areas). Both apartments on the 1st floor which are 3 bed 1 bath each have been updated in last 2 years, and the 4 bedroom 2nd fl. apartment was fully renovated 8 months ago. Currently program approved for $10,600 a month in rent. Each 3 bedroom apt earns $3400 a month and the 4 bedroom receives $3800 a month. Each apt has its own new electric sub panel. New PVC Fence installed 2024. Oversized basement with concrete floor. Large empty lot next to building on one side and 5+ car driveway on the other.

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Building info

Listing Courtesy of Nappa Realty Inc