Welcome to one of Long Beach's most compelling real estate opportunities — a fully legal two-family home that delivers exceptional versatility, strong income potential, and a lifestyle most only dream about. Whether you're a savvy investor seeking immediate cash flow or an owner-occupant looking to have your mortgage paid for you, 153 E Fulton Street is the property you've been waiting for. This generously proportioned home spans three levels — upper two units offer 3 spacious bedrooms and 2 full bathrooms each, giving you a total of 6 bedrooms and 4 bathrooms across the property. Both units are thoughtfully laid out with comfortable living spaces, making them highly attractive to quality long-term tenants or the perfect setup for multi-generational living. There is also a full basement for more bonus space and potential. Situated in the heart of Long Beach — one of New York's most beloved barrier island communities — you'll enjoy year-round access to pristine Atlantic Ocean beaches, a vibrant boardwalk, acclaimed dining, boutique shopping, and a warm, tight-knit neighborhood culture. With the Long Beach LIRR station just moments away, Manhattan commuters will find the location nothing short of ideal. Legal two-family properties of this caliber are a rare find in Long Beach. The strong rental demand in this market means a buyer can realistically offset — or eliminate — carrying costs from day one. This is not just a home. It's a wealth-building asset in one of Nassau County's most desirable zip codes.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$949,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $759,200 | $759,200 | $759,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,208 | $1,208 | $1,208 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,311 | $4,552 | $6,407 |
| Total Monthly Payment | $5,611 | $5,852 | $7,707 |
* 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.