BEDS8
BATHS4 full
MLS#991452
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLContact Agent
Property Description
Turnkey waterfront two-family investment opportunity generating approximately $95,000 NOI. Fully occupied with strong, stable income and minimal management requirements. The property has undergone a full renovation, including new roof, windows, boilers, septic systems, kitchens, flooring, water heaters, and appliances. Oil tanks have been removed with state certification.Located outside of a flood zone, significantly reducing risk and insurance costs. Rare opportunity to acquire a fully stabilized, low-maintenance asset in a prime waterfront setting.Do not disturb tenants. Showings by appointment only.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Wall/Window Unit(s)
Fenced: Yes
Heating: Baseboard, ENERGY STAR Qualified Equipment, Natural
Home Style: Colonial, Contemporary, Cottage, Estate, Modern
Lot Size: 0.18 Acres
Taxes: $20,300
Year Built: 1954
Amenities
ENERGY STAR Qualified Door(s)
Open Floorplan
Open Kitchen
Other
Storage
Walk Through Kitchen
Washer/Dryer Hookup
Wet Bar
Balcony
Dock
Rain Gutters
Feature Descriptions
Attic: Common, Full
Building Area Total: 5800
Cap Rate: 8
Days on Site: 67
Exterior: Brick
Fencing: Back Yard, Cross Fenced, Partial
Flooring: Tile, Wood
Frontage: 60
Fuel Expense: 0
Heating Units: 2
Heating Zones: 2
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Inside
Lot Dimensions: 130X63
Lot Features: Back Yard, Front Yard, Garden, Hilly, Near School, Near Shops, Views, Waterfront, Wooded
Maintenance Expense: 0
Maintenance Expense: 0
On Market Date: 2026-04-27
Other Expense: 500
Parking Features: Carport, Driveway, Electric Vehicle Charging Station(s), Private
Parking Total: 8
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Security Features: Building Security
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Septic Tank
Special View Info: Lake, Mountain(s), Neighborhood, Open, Panoramic, Park/
Trash Expense: 0
Units: 2
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Underground Utilities, Water Available, Water Con
Water: Public
Waterfront Features: Lake Front, Lake Privileges
Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, New Windows, Oversized Windows, Screens, Storm Window(s)
Wooded: Yes
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Real Estate Concept Group Inc
Agency Contact: 786-246-1709
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 5,215.79 per month $3,115.79 Principal & Interest $1,691.67 Property Tax $408.33 Homeowner's InsuranceChange Payment Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
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37 Lakeshore Drive | MLS# 991452
This multi-family property located at 37 Lakeshore Drive, Call Listing Agent, NJ 07436 is currently listed for sale with an asking price of $1,400,000. Lakeshore Drive is located within the Contact Agent school district. Search Call Listing Agent real estate on www.joycerealty.com today.