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**Beautiful Income-Producing East End Beachside Two-Family Home with Two-Car Garage** Ideally located in Long Beach's desirable East End, just moments from the beach and the world-famous Long Beach Boardwalk, this exceptional two-family home offers the perfect blend of coastal living, flexibility, and investment potential. Enjoy easy access to pristine beaches, restaurants, shopping, parks, schools, the LIRR, and all the conveniences that make Long Beach one of the South Shore's most sought-after communities. Offering an incredible opportunity for both homeowners and investors, this spacious and versatile property captures everything people love about living by the ocean. Whether you're seeking a year-round residence, a multi-generational living arrangement, or an income-producing investment, this home delivers. A rare find near the beach, the property features a detached two-car garage plus additional parking for up to four vehicles. The beautifully maintained outdoor space includes a private yard, garden area, and multiple places to relax, entertain, and enjoy the ocean breeze. Spend your evenings taking in spectacular sunsets and enjoying the relaxed coastal lifestyle. Inside, you'll find generous living spaces filled with natural light. The updated chef's kitchen is designed for both everyday living and entertaining, offering abundant cabinetry, quality appliances, ample counter space, and room to gather with family and friends. Spacious living and dining areas create a welcoming atmosphere throughout the home. The primary bedroom features access to a private deck, providing the perfect retreat for morning coffee, reading, or enjoying the fresh sea air. Additional bedrooms offer flexibility for guests, home offices, or extended family living. A full basement provides valuable storage space and endless possibilities for hobbies, recreation, workshop space, or future customization. An attic offers even more storage, helping keep everything organized and accessible. The two-family configuration creates outstanding income-producing potential, allowing an owner to occupy one unit while generating rental income from the other, or maximize returns as a full investment property. Located just minutes from the beach and boardwalk, residents can enjoy outdoor concerts, waterfront dining, and all the vibrant attractions Long Beach has to offer. With easy commuting access via the LIRR and major parkways, this property truly offers the best of both coastal relaxation and everyday convenience. A rare opportunity to own a spacious, income-producing beachside property with parking, outdoor space, and endless potential in one of Long Beach's most desirable neighborhoods. Don't miss the chance to make this exceptional property your own. Be Ready To Move Right In!
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Our Executive Mortgage Banker:
$1,099,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $879,200 | $879,200 | $879,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,079 | $1,079 | $1,079 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,923 | $5,342 | $7,360 |
| Total Monthly Payment | $6,127 | $6,546 | $8,564 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.