REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,088,800
Est. payment | /mo
6 Beds
6 Baths
$ 1,088,800
Est. payment | /mo
6 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 503642
Bedrooms 6
Full Baths 4
Half Baths 2
Annual Tax Amount $5,435
Property Sub-Type Multi-Family
Property Description
A truly rare investment opportunity in the heart of Midland Beach! Offered together as one exceptional package, 597-599 Midland Avenue presents FOUR DETACHED SINGLE-FAMILY HOMES—an incredibly unique offering with immediate income, flexibility, and long-term upside.
The portfolio consists of: 597 Midland Ave Front – detached duplex featuring 2 bedrooms and 1.5 baths; 597 Midland Ave Rear – detached ranch with 1 bedroom and 1 bath; 599 Midland Ave Front – detached duplex featuring 2 bedrooms and 1.5 baths, currently VACANT and ready for immediate occupancy or rental; and 599 Midland Ave Rear – detached ranch with 1 bedroom and 1 bath.
The occupied residences have established tenants with a history of timely rent payments, providing reliable income from day one. Even more compelling, all four homes feature FREE-MARKET RENTS, giving the next owner valuable flexibility and future income potential.
Ideally positioned near shopping, dining, schools, public transportation, and just minutes from Midland Beach and the waterfront, this property offers the combination investors look for but rarely find: multiple detached residences, existing rental income, a vacant unit, and future upside—all in one package.
Perfect for a seasoned investor, portfolio expansion, or an owner-occupant looking to live in one residence while collecting income from the others. Four detached homes. One extraordinary opportunity. Properties like this rarely come to market!
The portfolio consists of: 597 Midland Ave Front – detached duplex featuring 2 bedrooms and 1.5 baths; 597 Midland Ave Rear – detached ranch with 1 bedroom and 1 bath; 599 Midland Ave Front – detached duplex featuring 2 bedrooms and 1.5 baths, currently VACANT and ready for immediate occupancy or rental; and 599 Midland Ave Rear – detached ranch with 1 bedroom and 1 bath.
The occupied residences have established tenants with a history of timely rent payments, providing reliable income from day one. Even more compelling, all four homes feature FREE-MARKET RENTS, giving the next owner valuable flexibility and future income potential.
Ideally positioned near shopping, dining, schools, public transportation, and just minutes from Midland Beach and the waterfront, this property offers the combination investors look for but rarely find: multiple detached residences, existing rental income, a vacant unit, and future upside—all in one package.
Perfect for a seasoned investor, portfolio expansion, or an owner-occupant looking to live in one residence while collecting income from the others. Four detached homes. One extraordinary opportunity. Properties like this rarely come to market!
Location
State NY
County Staten Island
Area Midland Beach
Zoning R3-2
Rooms
Basement None
Interior
Hot Water Gas, Other
Heating Gas, Other
Flooring Laminate, Tile
Heat Source Gas, Other
Exterior
Exterior Feature Vinyl Siding
Amenities Available NONE
Roof Type Other
Handicap Access Unknown
Building
Foundation Other
Others
Energy Description Gas,Other
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Amerihomes Realty of NY, Inc
GET MORE INFORMATION