33 Locust Avenue

33 Locust Avenue, 33 & 29, Southampton, NY, 11968

$1,199,999

active

Bedrooms

Bathrooms

Lot Size

20,038 sqft

Year Built

1991

Type

Multi Family

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$6,766/month estimated

Principal & interest: $6,387
Property tax: $254
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $240,000 · Loan amount: $959,999

Description

RARE OPPORTUNITY in North Sea – Hamlet of Southampton Located in an up-and-coming section of Southampton, this 0.51-acre property is designated as a legal two-family, the property currently includes two detached ranch-style homes, each offering 2–3 bedrooms, 1 bathroom, and a basement (in each home). Both homes are in need of renovation, presenting a true blank canvas for investors, builders, or end users looking to create something special. With ample space, the property can allow for the construction of even a new 2,500+ sq ft home with an in-ground pool, making it an ideal opportunity to maximize value. Property Highlights: • Legal two-family with R-10 zoning • Two detached homes on one lot • 0.51-acre parcel • FEMA Zone X • Strong income-producing potential or end-user flexibility Located north of Southampton Village and the neighboring hamlets of Water Mill, Bridgehampton, and Sag Harbor. Enjoy close proximity to North Sea Harbor, Conscience Point Marina, and Towd Point Beach, perfect for boating, waterfront activities, and scenic sunsets. Drive-by only. Property being sold as-is.

Features

✓ First Floor Bedroom
✓ First Floor Full Bath

Property Details

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Listed by Matthew B. Arnold, Netter Real Estate Inc

MLS# KEY978940631-661-5100

Listings courtesy of OneKey® MLS as distributed by MLS GRID

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