5 Champlain St

Rare opportunity to own a 3 family home on Fire Island! Tons of upgrades, including all new roof, new roof deck, and Mini Split AC system throughout. Ideally located in the heart of Ocean Bay Park, this property is ideal for an investor or a savvy buyer looking to utilize one unit and rent out the other two. Why pay your mortgage when you can have tenants pay it for you, and still get to enjoy your property? The property has 3 separate apartments, each with its own private entrance and outdoor space. The front unit has 1 bedroom, 1 bathroom, and its own gated, private deck area. The middle unit has been tastefully updated, and has 1 bedroom , 1 full bathroom, and its own beautiful roof deck. The rear unit is the largest, featuring 2 bedrooms, 1 full bathroom, a renovated kitchen, spacious living area, and private deck area with laundry and an outdoor shower. Low taxes only $5,135! Affordable flood only $797. Rare opportunity! 

Rental History: 

 2020: 125k
2021: 145k
2022: 146k now fully booked