Description
Fully Renovated Two-Family – Delivered Vacant – Prime East Rockaway Location Welcome to 74 Davis Street, East Rockaway, a turnkey legal two-family property fully renovated in 2024 and delivered vacant at closing. This is a rare opportunity for investors or owner-occupants seeking flexibility, strong upside, and a premier commuter-friendly location. The home features two well-appointed apartments with modern kitchens, updated baths, and quality finishes throughout. Prior rental income highlights the property’s strong earning potential: Unit 1: Previously rented for $3,750/month Unit 2: Previously rented for $2,800/month Additional value includes a finished basement (not legal; buyer to verify use) and a garage with separate rental potential, offering multiple income streams. Situated on a quiet residential street, the property is walking distance to the LIRR, shops, restaurants, and local amenities, making it highly desirable for tenants and end users alike. Ideal for investors, 1031 exchange buyers, or owner-occupants looking to offset their mortgage with rental income. Vacant delivery allows immediate rent optimization or personal occupancy. A high-quality, income-producing asset in a sought-after Nassau County neighborhood
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5BEDS
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N/AACRES
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3BATHS
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01/2 BATHS
School Ratings & Info
Description
Fully Renovated Two-Family – Delivered Vacant – Prime East Rockaway Location Welcome to 74 Davis Street, East Rockaway, a turnkey legal two-family property fully renovated in 2024 and delivered vacant at closing. This is a rare opportunity for investors or owner-occupants seeking flexibility, strong upside, and a premier commuter-friendly location. The home features two well-appointed apartments with modern kitchens, updated baths, and quality finishes throughout. Prior rental income highlights the property’s strong earning potential: Unit 1: Previously rented for $3,750/month Unit 2: Previously rented for $2,800/month Additional value includes a finished basement (not legal; buyer to verify use) and a garage with separate rental potential, offering multiple income streams. Situated on a quiet residential street, the property is walking distance to the LIRR, shops, restaurants, and local amenities, making it highly desirable for tenants and end users alike. Ideal for investors, 1031 exchange buyers, or owner-occupants looking to offset their mortgage with rental income. Vacant delivery allows immediate rent optimization or personal occupancy. A high-quality, income-producing asset in a sought-after Nassau County neighborhood
© 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 Alexander Madison Realty. Data last updated: 2026-01-15T12:18:29.23.