248 Guy Lombardo Avenue, Freeport, NY 11520

Property Description

Welcome to this exceptional, legal two-family residence located on a prime, beautifully landscaped large corner lot (75' x 125') in the heart of Nassau County. Featuring a rental permit in place and a reliable, problem-free tenant already generating $1,700 per month under lease, this property represents an outstanding investment opportunity or an ideal mother-daughter setup with income potential. Property Highlights & Mechanicals Lot & Exterior: Expansive 75' x 125' corner lot with professional landscaping, a lawn sprinkler system, a 4-car concrete driveway, and a detached single-car garage with electricity. Additional exterior amenities include three outdoor water spigots (with hot water access), a storage shed with a newer roof, and a side entrance to the basement. Systems & Utilities: Powered by cost-efficient Freeport Electric with two separate electric meters, 200-amp service, and two separate gas meters. Equipped with independent gas heating, central station alarm, updated smoke and carbon monoxide detectors, and a 10-year-old roof. Basement: Full unfinished storage basement featuring a washer and dryer, hot water tank, and gas boiler. Apartment 1 A beautifully appointed main living space showcasing real hardwood floors, exquisite crown molding, and brand-new porcelain tile flooring. Layout: Primary bedroom, newly renovated full bath, spacious living room, dining room, kitchen, personal gym space, and a large windowed porch. Kitchen & Comfort: Outfitted with a new refrigerator, electric stove, and Energy Star appliances, complemented by generous closet space throughout. Apartment 2 Layout: Private bedroom, comfortable living room, kitchen, full bath, two spacious closets, and a pantry. Kitchen & Income: Features a large refrigerator, gas stove, and Energy Star appliances. Currently rented with a dependable tenant in place, generating $1,700 per month in rental income. Location & Convenience Ideally situated in Freeport School District (Elementary School District 009 / Archer Street School just two blocks away), this home offers incredible walkability. Enjoy being just minutes away from the famous Nautical Mile, local supermarkets, shopping, dining, and neighborhood parks. A rare find offering both charm and strong income generation in a prime South Shore location!