Fire your landlord and you collect the rent with this unique investment opportunity featuring two separate homes on a wooded half-acre parcel just a few short blocks from a sandy Peconic Bay beach. The first home is a brick ranch offering a full basement, knotty pine details throughout, three bedrooms, a living room, eat-in kitchen, oil heat, and a deck. The second home features two bedrooms, a kitchen, living room, one bath, full basement, and electric heat. Both homes are currently rented month-to-month, with tenants paying their own electric and heat. Some TLC is needed, but the setting, rental potential, and convenient beach proximity make this a standout opportunity. Some photos have been digitally enhanced.
| MLS # | 1049296 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 35 |
| Listing Provided By | Coldwell Banker Reliable R E | Anthony Lubrano |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,466 |
| Basement | Y |
| Acreage | 0.50 |
| Cooling | None |
|---|---|
| Heating | Baseboard, Electric, Oil |
| Interior Features | First Floor Bedroom |
| Appliances | Range, Refrigerator |
| Construction Materials | Frame |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Utilities | Cable Available, Electricity Connected, Propane, Trash Collection Private, Water Connected |
|---|---|
| Sewer | Cesspool |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 5186 |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Hampton Bays |
| Zip Code | 11946 |
| Community Name | Shinnecock Hills |
| School District | Hampton Bays High School |
| Elementary School | Tuckahoe School |
| High School | Hampton Bays High School |
| Listing VS Median (in Shinnecock Hills) | |
Price: $1,100,000 low | high Med: $1,600,000 sqft: 1,466 low | high Med: 2,633 $ / sqft: $750 low | high Med: $652 On site: 35 low | high Med: 35 | |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Hampton Bays |
| Zip Code | 11946 |
| Community Name | Shinnecock Hills |
| School District | Hampton Bays High School |
| Elementary School | Tuckahoe School |
| High School | Hampton Bays High School |
| Listing VS Median (in Shinnecock Hills) | |
Price: $1,100,000 low | high Med: $1,600,000 sqft: 1,466 low | high Med: 2,633 $ / sqft: $750 low | high Med: $652 On site: 35 low | high Med: 35 | |
![]() | $1,100,00045 Peconic RoadHampton Bays, NY 11946 |