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Riverhead, NY 11901
$390,000
  • For Sale
  • 3 Bedrooms
  • 1 Full Bath
  • 1035 SqFt
  • Year Built 1955
  • Single Family
  • ML# 3580081

Property Details

Overview

Calling all savvy investors! 69 Philip St is a prime income-generating property located in the thriving Riverhead community. This charming 3-bedroom, 1-bathroom home, complete with a versatile office space, offers an ideal investment for those looking to expand their real estate portfolio. With tenants already in place, this is a seamless opportunity for immediate cash flow. The property features a large front patio, perfect for tenant relaxation or entertaining, and a well-maintained interior with a functional layout. The spacious living areas and natural light make this home appealing to renters, ensuring continued demand. The added bonus of a dedicated office provides versatility for tenants working from home or needing extra space. Located just minutes from Riverhead’s attractions-including North Fork wineries, parks, and beaches-this property offers long-term rental appeal. Tenants will appreciate the nearby shopping, dining, and recreational options, including Tanger Outlets and Splish Splash waterpark. With a strong local rental market, this is a must-see for investors looking to secure a reliable, low-maintenance asset.

Key Facts

  • SqFt: 1035.00
  • Style: Ranch
  • Lot Sq Ft: 10200
  • Taxes: $4,282
  • School District#: 2
  • School District: Riverhead
  • Block: 100
  • Lot: 19000

Additional Features

  • Construction Materials: Vinyl Siding, Frame
  • Interior Features: 
    Master Downstairs, Formal Dining, First Floor Bedroom
  • Parking Spaces: Yes
  • Parking Facilities: Driveway, No Garage, On Street, Private

Rooms & Floor Plans

  • Bedroom: 3
  • Full Bath: 1
  • Other: 3

Interior & Utilities

  • Heat: Natural Gas, Forced Air
  • A/C: None
  • Water: Public
  • Sewer: Cesspool

Financial

  • Taxes: $4,282
Listing Information provided courtesy of Compass Greater NY LLC  631-491-2926
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