- Price: $1,550,000
PRIME LEGAL MULTI-FAMILY INVESTMENT PROPERTY + DEVELOPMENT POTENTIAL An exceptional opportunity to acquire a legal three-unit multi-family property, ideally positioned in the vibrant heart of Hampton Bays. This two-story residence spans 2,777 sq ft on a generous 0.72-acre lot, offering a rare blend of space, stability, and appreciation potential. Featuring 5 bedrooms and 3 full bathrooms, the property is thoughtfully configured to support consistent rental income with extremely low operating expenses. Each unit is tenant-occupied, providing immediate cash flow and long-term investment security. Tenants pay all utilities! Located just minutes from beaches, shopping, dining, and transportation, this property benefits from strong year-round demand and excellent accessibility. Whether you are expanding your portfolio or entering the East End market, this legal asset delivers on location, income, and potential. Beyond its current configuration, the site presents an attractive opportunity for expansion. The positioning of the existing residence on the lot allows for the potential development of additional structures, creating the possibility to increase the total number of units and enha