248 Guy Lombardo Avenue , Freeport, NY 11520

New - 32 Hours Ago

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Property Description

Welcome to this exceptional, legal two-family residence located on a prime, beautifully landscaped large corner lot (75' x 125') in the heart of Nassau County. Featuring a rental permit in place and a reliable, problem-free tenant already generating $1,700 per month under lease, this property represents an outstanding investment opportunity or an ideal mother-daughter setup with income potential.Property Highlights & MechanicalsLot & Exterior: Expansive 75' x 125' corner lot with professional landscaping, a lawn sprinkler system, a 4-car concrete driveway, and a detached single-car garage with electricity. Additional exterior amenities include three outdoor water spigots (with hot water access), a storage shed with a newer roof, and a side entrance to the basement.Systems & Utilities: Powered by cost-efficient Freeport Electric with two separate electric meters, 200-amp service, and two separate gas meters. Equipped with independent gas heating, central station alarm, updated smoke and carbon monoxide detectors, and a 10-year-old roof.Basement: Full unfinished storage basement featuring a washer and dryer, hot water tank, and gas boiler.Apartment 1 A beautifully appointed main living space showcasing real hardwood floors, exquisite crown molding, and brand-new porcelain tile flooring.Layout: Primary bedroom, newly renovated full bath, spacious living room, dining room, kitchen, personal gym space, and a large windowed porch.Kitchen & Comfort: Outfitted with a new refrigerator, electric stove, and Energy Star appliances, complemented by generous closet space throughout.Apartment 2 Layout: Private bedroom, comfortable living room, kitchen, full bath, two spacious closets, and a pantry.Kitchen & Income: Features a large refrigerator, gas stove, and Energy Star appliances. Currently rented with a dependable tenant in place, generating $1,700 per month in rental income.Location & ConvenienceIdeally situated in Freeport School District (Elementary School District 009 / Archer Street School just two blocks away), this home offers incredible walkability. Enjoy being just minutes away from the famous Nautical Mile, local supermarkets, shopping, dining, and neighborhood parks.A rare find offering both charm and strong income generation in a prime South Shore location!

248 Guy Lombardo Avenue | MLS# 1069741

This multi-family property located at 248 Guy Lombardo Avenue , Freeport, NY 11520 is currently listed for sale with an asking price of $814,500. Guy Lombardo Avenue is located within the Freeport school district. Search Freeport real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Wall/Window Unit(s)
Fireplaces: 1
Garage: 1
Heating: Natural Gas
Lot Size: 0.20 Acres
Taxes: $6,435
Year Built: 1925

Amenities

First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen

Feature Descriptions

Building Area Total: 1163
Days on Site: 1
Exterior: Frame, Vinyl Siding
Fireplace Y/N: Yes
Flooring: Hardwood
GarageY/N: Yes
Heating Units: 1
Heating Zones: 2
Lot Dimensions: 75x125
On Market Date: 2026-11-05
Parcel Number: 2009-62-111-00-0010-0
Parking Features: Driveway, Garage
Rental Term: Monthly
Separate Electric Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: Freeport High School
Middle School: John W Dodd Middle School
Elementary School: Archer Street School
School District: Freeport

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Estimated Payment

$ 2,586.54 per month $1,812.72 Principal & Interest $536.25 Property Tax $237.56 Homeowner's Insurance

Change Payment Information

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Demographics

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker American Homes
Agency Contact: 516-223-2525

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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