Description
Welcome to 308 Atlantic Avenue! Located near Freeport's nautical mile, this legal two family sits on an large lot and boasts low taxes and separate boilers for each tenant, allowing for low annual overhead expenses. Perfect opportunity for an investor and/or 1031 exchange to cash flow. The first floor unit is 3 bed/2bath with access to the backyard through sliding glass doors in your den. The second floor unit is a 2 bed/2bath with a living/dining combo and separate entrance. The second floor is vacant. The first floor is occupied with tenant's lease to expire in December of 2020.
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5BEDS
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0.18ACRES
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3BATHS
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01/2 BATHS
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2,100SQFT
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$310$/SQFT
School Information
Description
Welcome to 308 Atlantic Avenue! Located near Freeport's nautical mile, this legal two family sits on an large lot and boasts low taxes and separate boilers for each tenant, allowing for low annual overhead expenses. Perfect opportunity for an investor and/or 1031 exchange to cash flow. The first floor unit is 3 bed/2bath with access to the backyard through sliding glass doors in your den. The second floor unit is a 2 bed/2bath with a living/dining combo and separate entrance. The second floor is vacant. The first floor is occupied with tenant's lease to expire in December of 2020.
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