7228 NEW YORK AVENUE

About This Home

Under contract-accepting backup offers. Turnkey waterfront fourplex offering a vacant, move-in-ready investment opportunity with long-term upside. This vacant, fully renovated property consists of two separate buildings with a total of four 2-bedroom, 1-bath units, offering 8 bedrooms, 4 bathrooms, and 2,376 square feet of living space. Extensive 2025 and 2026 renovations include new asphalt shingle roofs, new windows, and new central HVAC systems throughout all four units. Each unit has been updated with new cabinetry, brand-new stainless steel refrigerators, ranges, and microwaves, fresh interior paint, and updated trim throughout, providing a low-maintenance investment for years to come. Market rents for comparable units average approximately $1,400 per month, offering strong income potential from day one. Whether you're looking to expand your portfolio or add a turnkey asset to your holdings, this fully renovated waterfront fourplex delivers flexibility to lease up immediately, strong upside potential, and minimal deferred maintenance.