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$549,000
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Property Description
Excellent investment opportunity at 53 River Ave in Patchogue, NY! This well-maintained 2-family Cape is in great condition and comes fully occupied with paying tenants, offering immediate cash flow from day one. The first-floor unit features 2 bedrooms and 1 full bath, currently rented for $2,100/month. The second-floor unit offers 1 bedroom and 1 full bath, bringing in $1,496/month. The property also includes a full basement, providing additional storage or potential for future use. Whether you're looking to expand your portfolio or secure a turnkey income-producing property, this is an opportunity you don't want to miss!
Full Property Details
Full Property Details for 53 River Ave
General
- Price: $549,000
- Taxes: $12,612
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 976627
- Updated: 4/8/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Driveway
Location
- County: Suffolk County
School Information
- Elementary School: River Elementary School
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Bilco Door(s), Partially Finished
- Building Size: 1300
- Square Feet: 1,300
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,117
Financial Considerations
- Tax Amount: $12,612.37
Disclosures and Reports
- Special Conditions: None
- Property ID: 0204-012-00-09-00-032-000
Listed by Legacy Capital Realty LLC
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Schools
Schools serving 53 River Ave
School District:Patchogue-Medford Union Free School District
| Name | Grades | Distance |
|---|---|---|
River Elementary School 46 River Avenue, Patchogue, NY 11772 | K-5 | 0 mi |
Saxton Middle School 121 Saxton Street, Patchogue, NY 11772 | 6-8 | 1.8 mi |
Patchogue Medford High School 181 Buffalo Avenue, Medford, NY 11763 | 9-12 | 3.6 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 53 River Ave
Date
Details
Price
Change
Source
3/26/2026
Listed
$549,000
83%
MLS
10/09/2018
Sold
$300,000
—
Public Record
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 53 River Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,131
100%
$2,150
—
2020
100%
$2,150
—
2022
-100%
$2,150
—
2016
$6,051
-46%
$2,150
—
2020
$11,275
47%
$2,150
—
2018
$7,680
23%
$2,150
—
2017
$6,239
3%
$2,150
—
2016
$6,083
2%
$2,150
—
2015
$5,988
2%
$2,150
—
2015
$5,864
1%
$2,150
—
2014
$5,811
3%
$2,150
—
2013
$5,653
—
$2,150
—
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 53 River Ave
53 River Avenue, Patchogue, NY 11772 (MLS# 976627) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 53 River Avenue is currently listed for $549,000 and was received on March 26, 2026. Want to learn more about 53 River Avenue? Do you have questions about finding other Multi-Family real estate for sale in Patchogue? You can browse all Patchogue real estate or contact a Coldwell Banker agent to request more information.
