Property Description

Offering rental income, future equity, and a stake in a rapidly growing beachside community. 318 Beach is perfect for the 1st time buyer & long term Investor looking for a lower cost of entry with long term returns in equity & passive income all while enjoying the laid back energy of beach a lifestyle.Welcome to this well-kept legal two-family, 5-bedroom, 3-bath Hi-ranch, located just blocks from the beach in the heart of Far Rockaway, Queens. This spacious home offers the warmth of classic design combined with the convenience of multi-level living.Step inside to find a bright and inviting living room glowing with natural light throughout the day, and a cozy layout perfect for relaxing or entertaining. The eat-in kitchen features plenty of cabinet space, tiled countertops, and full-sized appliances - ready for your personal touch or modern update.Upstairs, you'll find comfortable bedrooms and a full bath, while the lower level provides excellent flexibility - featuring a separate apartment ideal for rental income or extended family. The additional 1 bedroom unit helps offset monthly expenses, making this both a comfortable home and a smart investment. Plus, there's room to easily convert the space to a 2 bedroom unit for stronger rental income. Outside, the property features a large driveway with ample parking, a covered front porch, and a fenced yard area perfect for gatherings or gardening.Located near public transportation, schools, shops, and just minutes from the boardwalk and Rockaway Beach, this home combines coastal living with NYC convenience - especially with Manhattan just a ferry ride away. How can you beat it?Whether you're looking for a long-term home near the beach or an income-producing property, 318 Beach 42nd Street delivers comfort, value, and potential. Take a tour today!

Property Features

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