299 Colony Avenue, New York, NY, 10306
$750,000
activeBedrooms
3
Bathrooms
2
Lot Size
2,000 sqft
Year Built
1931
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Excellent Investment Opportunity Income Producing Two-Family Property! An incredible opportunity for investors looking to expand their real estate portfolio! This unique two-family property features two fully detached bungalows on one lot, offering separate living spaces and an established rental income stream. The front bungalow features a one-bedroom layout, while the rear bungalow offers two bedrooms. Both units are currently occupied by rent-paying tenants, providing an opportunity for immediate rental income upon closing. Adding to the property's investment appeal, tenants are responsible for their own gas and electric utilities, helping reduce ongoing operating expenses for the owner. Whether you're a seasoned investor or looking to acquire your first income-producing property, this is an excellent opportunity to own a tenant occupied, two family property with an existing rental income stream. Two detached homes. Two rental income streams. One investment opportunity.
Listed by Lane Clark, NEXTHOME FINEST FIRST
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Oct 24, 2026, 8:55 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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