UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 916 sqft
Price per Sqft $599
MLS Listing ID 965279
Style Ranch
Bedrooms 2
Full Baths 1
HOA Y/N No
Rental Info No
Year Built 1960
Annual Tax Amount $3,780
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Single Family Residence
Source onekey2
Property Description
The existing home includes two well-sized bedrooms, a full bathroom, and a functional living space, making it suitable for immediate occupancy or rental. However, the true value lies in the property's investment and redevelopment potential.
Riverside is undergoing an exciting transformation, and this parcel is positioned at the center of that growth. A new sewer line installation planned for next year is expected to support expanded development and increased property value throughout the area.
Preliminary concepts for the site suggest the potential for up to 7 residential apartments and 1 commercial unit, making it an attractive opportunity for investors, developers, or buyers looking to secure property in a growing community.
Don't miss the chance to own property in one of Riverhead's emerging neighborhoods with promising long-term potential. Explore the possibilities at 37 Lake Ave today.
Location
State NY
County Suffolk County
Rooms
Basement Bilco Door(s), Full
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Heating Forced Air, Oil
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Appliance Gas Range, Refrigerator
Exterior
Parking Features Detached
Garage Spaces 1.0
Utilities Available Electricity Connected, Natural Gas Connected
Garage true
Private Pool No
Building
Sewer Cesspool
Water Public
Structure Type Frame
Schools
Elementary Schools Pulaski Street Elementary School
Middle Schools Riverhead Middle School
High Schools Riverhead
School District Riverhead
Others
Senior Community No
Special Listing Condition None
Nearby Locations
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Christine Sardinha
Broker Associate | License ID: 10301202073
Broker Associate License ID: 10301202073