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221 Lincoln Avenue, Mineola, NY 11501

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For Sale

$898,888

3 beds • 2 baths • 1,174 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $765.66
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Goldilocks Approved A Just Right 1031 Exchange Treasure in Mineola s Presidential Section! Once upon a time, Goldilocks wandered into a home that wasn t too big, wasn t too small it was just right. Now, savvy investors like you have the chance to make this story your own and keep your 1031 exchange perfectly balanced. Tucked into the highly sought-after Presidential Section of Mineola, this legal 2-family gem is close to everything you (and your tenants) could want: the LIRR, NYU Langone Hospital, top-rated restaurants, shopping galore, and major highways. Whether you plan to live in one unit and rent the other or keep both as solid income-producers, this property is a just right fit for stable, smart investing. Currently, two wonderful tenant families call this place home both with a spotless on-time payment history (a landlord s dream come true). They d be happy to stay put, offering instant, reliable cash flow or you can explore other options to maximize your investment. Sturdy bones and timeless charm give you the chance to add your own finishing touches. Features include: ? 1.5-car detached garage ? Generous driveway parking ? Gas heating and cooking ? Spacious layouts in both units If you re looking to roll over gains and keep your investment portfolio just right this Mineola treasure is the perfect opportunity to do it. Investors, multi-gen buyers, and savvy 1031 seekers: this storybook home is ready for its next happy ending!
MLS# 865021

Courtesy Of Goldilocks Real Estate LLC

(917) 733-3059

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Garden
  • Architecture Style
    Other
  • Floor Covering
    Hardwood, Tile, Vinyl
  • Lot Size
    0.12 Acres
  • Rooms
    Basement

Map and Directions

Directions to 221 Lincoln Avenue, Mineola, NY 11501

Home seller CENTURY 21 AA Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AA Realty

(516) 826-8100
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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