Residential Income - Two Family - Semi-attached
$580,000

Size

Stories
2
Interior
1,992 Sq Ft
Exterior
3,200 Sq Ft

Financial

Price
$580,000
Annual Taxes
$4,900

Listing Details

Sale or Lease
Sale
Year Built
1925
Area
Port Richmond

Description

1418 Castleton Ave, Staten Island, NY 10302

Excellent Investment Opportunity - This semi-attached two-family home is positioned as an ideal income generator for discerning investors. Boasting dual rental income streams, it promises immediate cash flow in a high-demand locale. One apartment is currently vacant, allowing for a quick lease at market rates, while the other is occupied at an under-market rent, offering clear upside. With local voucher programs paying 3,000+ per month for 2-bedroom apartments, the potential rent roll could realistically double.

Strategically located in a neighborhood with strong rental demand and steady appreciation. A large side yard provides additional value-add potential for a third stream of income. Interior pictures to follow shortly. Property being sold As is.

Features

  • 220 Volts
  • City
  • Natural Gas
  • Stone
  • Units
  • Vinyl Siding
1418 Castleton Ave, Staten Island, NY 10302

Listing Office: DiNapoli Realty Advisors