53 River Ave Patchogue, NY 11772
Estimated payment $3,984/month
Highlights
- 0.37 Acre Lot
- Bathroom on Main Level
- Baseboard Heating
- Main Floor Bedroom
About This Home
Excellent investment opportunity at 53 River Ave in Patchogue, NY! This well-maintained 2-family Cape is in great condition and comes fully occupied with paying tenants, offering immediate cash flow from day one.
The first-floor unit features 2 bedrooms and 1 full bath, currently rented for $2,100/month. The second-floor unit offers 1 bedroom and 1 full bath, bringing in $1,496/month. The property also includes a full basement, providing additional storage or potential for future use. Whether you’re looking to expand your portfolio or secure a turnkey income-producing property, this is an opportunity you don’t want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,612
Year Built
- Built in 1965
Lot Details
- 16,117 Sq Ft Lot
Parking
- Driveway
Home Design
- Duplex
- Frame Construction
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Schools
- River Elementary School
Utilities
- No Cooling
- Baseboard Heating
Additional Features
- Partially Finished Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 0204-012-00-09-00-032-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,131 | $2,150 | $450 | $1,700 |
| 2023 | $8,596 | $2,150 | $450 | $1,700 |
| 2022 | $7,680 | $2,150 | $450 | $1,700 |
| 2021 | $7,680 | $2,150 | $450 | $1,700 |
| 2020 | $11,275 | $2,150 | $450 | $1,700 |
| 2019 | $7,897 | $0 | $0 | $0 |
| 2018 | $6,239 | $2,150 | $450 | $1,700 |
| 2017 | $6,239 | $2,150 | $450 | $1,700 |
| 2016 | $6,083 | $2,150 | $450 | $1,700 |
| 2015 | -- | $2,150 | $450 | $1,700 |
| 2014 | -- | $2,150 | $450 | $1,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $549,000 | -- | $422 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $300,000 | -- | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | $95,000 | Fidelity National Title Ins | |
| Bargain Sale Deed | $95,000 | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | Commercial | |
| Previous Owner | $174,200 | Construction | |
| Previous Owner | $85,500 | Purchase Money Mortgage |
Source: OneKey® MLS
MLS Number: 976627
APN: 0204-012-00-09-00-032-000
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.