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Riverhead Multifamily Home for Sale

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    $679,000

    • 0.5 Baths
    • 1,846 Sq Ft

    418 Lincoln St Unit 420, Riverhead, NY 11901

    Calling all Investors! 2 Family Home with great rental income. Close to everything, schools, shopping center, gas station, main street. etc. Tenants in place. Need advance notice to show. Rental Income 5500 a month. Tenants will stay. House WON'T be delivered vacant. Seller is open to any mortgage.

    Angelica Cocha Barros EXP Realty

    418 Lincoln St Unit 420, Riverhead, NY 11901

Why Live in Riverhead

Riverhead in Long Island presents a blend of historical charm and modern living, with homes ranging from late 1800s Colonials, Victorians, and American Foursquares to 1960s ranch-style houses and new traditional constructions. The neighborhood's southern part, near downtown, features the quaint Polish Town, known for its painted shutters and Polish mass at Saint Isidore Roman Catholic Church. To the north, the area becomes more rural with farms and a vineyard. Riverhead's crime rate is on par with the national average. The neighborhood is surrounded by water, offering numerous attractions such as kayaking, paddleboarding, and the 275-acre Indian Island County Park, which includes hiking trails, a campground, and a beach. The Riverwalk, with its art installations and kayak launches, and Stotzky Memorial Park, featuring jungle gyms and a skatepark, are popular local spots. Golf enthusiasts can enjoy four local courses, while families can visit the Long Island Aquarium and Splish Splash Water Park, just 4 miles away. Downtown Riverhead boasts a variety of restaurants, including the historic Star Confectionary, Tweed’s, and Dark Horse, as well as cultural venues like The Suffolk theater. Shopping needs are met by Riverhead Shopping Center, Roanoke Plaza, and nearby Tanger Outlets. Local farm stands provide fresh produce and meats, contributing to the area's appeal. Annual events such as the Polish Festival and Riverhead Country Fair add to the community spirit. The Long Island Rail Road’s Riverhead Station offers access to Manhattan, though the journey takes over two hours. Riverhead Senior High School is highly rated, providing various extracurricular activities.

Home Trends in Riverhead, NY

Housing Trends

Median Sale Price
$535,000
Median Single Family Sale Price
$596,000
Median Townhouse Sale Price
$530,000
Median 2 Bedroom Sale Price
$512,500
Average Price Per Sq Ft
$407
Number of Homes for Sale
43
Last 12 months Home Sales
151
Months of Supply
3.40
Median List Price
$549,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
3%
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