Description
Legal 2-family Colonial in the heart of Riverhead, fully renovated in 2023! This fantastic income-producing property features two separate units with individual electric panels, electric heat, and central air conditioning. Current rent roll reflects strong income potential, with the upper unit at $1,950/month and the lower unit at $2,850/month. Situated on a .22 acre lot and the property includes a detached 2-car garage and a full, well-insulated basement offering additional storage space. Updated systems and modern finishes throughout make this a turnkey opportunity for investors or end-users seeking rental income. Conveniently located off Elton Road near shopping, dining, and major roadways. A rare opportunity to own a legal 2-family in Suffolk County.
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3BEDS
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0.22ACRES
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2BATHS
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01/2 BATHS
Description
Legal 2-family Colonial in the heart of Riverhead, fully renovated in 2023! This fantastic income-producing property features two separate units with individual electric panels, electric heat, and central air conditioning. Current rent roll reflects strong income potential, with the upper unit at $1,950/month and the lower unit at $2,850/month. Situated on a .22 acre lot and the property includes a detached 2-car garage and a full, well-insulated basement offering additional storage space. Updated systems and modern finishes throughout make this a turnkey opportunity for investors or end-users seeking rental income. Conveniently located off Elton Road near shopping, dining, and major roadways. A rare opportunity to own a legal 2-family in Suffolk County.
© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2026-03-11T08:17:28.34.