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$919,999
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Property Description
Don't miss this exceptional opportunity to own a **legal two-family** home in the heart of Long Beach. This well-maintained, **income-producing property** is being sold **with paying tenants in place**, making it an ideal investment for buyers seeking immediate cash flow. The property currently generates **$5,400 per month in gross rental income ($64,800 annually)**. The first-floor unit is occupied with a lease in place through **October 31, 2026**. The second-floor unit is also occupied on a **month-to-month tenancy**. Each spacious unit features **3 bedrooms, 1.5 bathrooms**, generously sized rooms, and excellent closet and storage space. Additional highlights include a **two-car garage**, a **basement with bonus space** with separate entrance, and a location just **minutes from the beach**, shopping, restaurants, parks, bars, and public transportation. The home is in **excellent condition** with **multiple important updates**, including the **roof, windows, boiler, and hot water heater**, all completed approximately **10-15 years ago**. A **new rear deck** provides additional outdoor living space and enhances the property's appeal. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this legal two-family offers strong rental income, valuable updates, and an unbeatable Long Beach location. Don't miss this excellent investment opportunity!
Full Property Details
Full Property Details for 20 E Pine St
General
- Price: $919,999
- Taxes: $12,981
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1025115
- Updated: 7/27/2026
- Added to Site: 49 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Garage
Location
- County: Nassau County
School Information
- High School District: Long Beach
- Elementary School: Lindell Boulevard School
- Middle School: Long Beach Middle School
- High School: Long Beach High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Other
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partially Finished
- Building Size: 2304
- Square Feet: 2,304
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.1133
- Lot Size (Sq. Ft.): 4,935
Financial Considerations
- Tax Amount: $12,981.13
Disclosures and Reports
- Special Conditions: None
- Property ID: 1000-59-092-00-0060-0
Listed by Fave Realty Inc
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Schools
Schools serving 20 E Pine St
School District:Long Beach City School District
| Name | Grades | Distance |
|---|---|---|
East Elementary School 456 Neptune Boulevard, Long Beach, NY 11561 | K-5 | 0.9 mi |
Lindell Boulevard School 601 Lindell Boulevard, Long Beach, NY 11561 | K-5 | 1 mi |
West Elementary School, Long Beach, NY 91 Maryland Avenue, Long Beach, NY 11561 | K-5 | 1.8 mi |
Long Beach Middle School 239 Lido Boulevard, Long Beach, NY 11561 | 6-8 | 4.5 mi |
Long Beach Senior High School 322 Lagoon Drive West, Long Beach, NY 11561 | 9-12 | 1.5 mi |
Lido Elementary School 237 Lido Boulevard, Long Beach, NY 11561 | PK-5 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 E Pine St
Date
Details
Price
Change
Source
7/13/2026
Listed
$919,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20 E Pine St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,854
663%
$476
—
2024
$898
-88%
$476
—
2023
$7,232
-6%
$476
—
2022
$7,704
-5%
$476
4%
2021
$8,132
-2%
$456
-48%
2020
$8,298
6%
$884
—
2018
$7,857
620%
$884
—
2016
$1,091
-84%
$884
—
2016
$6,660
-20%
$884
—
2019
$8,298
65%
$884
—
2014
$5,039
—
$884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20 E Pine St
20 E Pine Street, Long Beach, NY 11561 (MLS# 1025115) is a Multi-Family property with 2 units containing 6 bedrooms and 4 full bathrooms. 20 E Pine Street is currently listed for $919,999 and was received on July 13, 2026. Want to learn more about 20 E Pine Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.
