$580,000
Staten Island, NY 10302
MLS# 2504776
4 beds | 2 baths | 1992 sqft
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Property Description
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.
Details
Maps
Address/Legal
Section: North Shore
Country: United States
Contract/Location Information
List Price/SqFt: 291.16
CofO: Yes
List Type: Exclusive Right to Sell
REO: No
Owner Finance: No
General Property Info
Stories: 2
Taxes: 4900
Half Baths: 0
Tax Abated: No
Lot Size SqFt: 3200
Year Built Info: Approx
Lot Dim: 54 x 60
Irregular: Yes
No. of Heating Units: 2
Air Conditioner: Units
Condition: Fair
Basement Type: Partial
Public Remarks: 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.
Bedrooms: 4
Full Baths: 2
Total Baths: 2
Year Built: 1925
Building SqFt: 1992
Number of Units: 2
Unit 1
Unit 1 - # Rooms: 4
Unit 1 - # Bedrooms: 2
Unit 1 - # Baths: 1
Rent/Month: 1500
Unit 1 - Refrigerator: 1
Sewer
City: 1
Unit 2
Unit 2 - # Baths: 1
Unit 2 - # Rooms: 4
Unit 2 - # Bedrooms: 2
Unit 2 - Rent/Month: 0
Electric
220: 1
Exterior
Patio: 1
Heat Source
Gas: 1
Heat System
Other: 1
Kitchen
Eat In: 1
Yard/Deck Access: 1
Living Room
Combination: 1
Electric Meters
Individual: 1
Main Bath
Full Bath: 1
Gas Meters
Mixed: 1
Parking
Carport: 1
Off Street: 1
On Street: 1
Siding
Stone: 1
Vinyl Siding: 1
Yard
Back: 1
Side: 1
AddressLegal
Street No.: 1418
Street Name: Castleton Ave
County: Richmond
State: NY
Zip Code: 10302
Area Name: Port Richmond
Parcel ID: 01026-0046
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-08-13
List Price: $580,000
Current Price: $580,000
Sub-Type: Two Family - Semi-Attached
Zoning: R3 A
Block: 01026
Lot: 0046
Property Features
Unit 1: Unit 1 - Refrigerator
Exterior: Patio
Kitchen: Eat In; Yard/Deck Access
Electric Meters: Individual
Living Room: Combination
Gas Meters: Mixed
Main Bath: Full Bath
Electric: 220
Parking: Carport; Off Street; On Street
Yard: Back; Side
Siding: Stone; Vinyl Siding
Heat Source: Gas
Heat System: Other
Listing Courtesy of DiNapoli Realty Advisors
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.