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About the Listing GLDL01 - 109224
Prime Two-Family Investment in Mineola’s Presidential Section This legal two-family home combines location, income stability, and long-term growth potential — making it an exceptional choice for investors, 1031 exchange buyers, multi-generational households, or owner-occupants. Situated just minutes from the LIRR, NYU Langone Hospital, shopping, dining, and major highways, it offers both convenience and strong rental demand. Currently occupied by two reliable tenants with a 100% on-time payment history, the property generates steady income from day one. For buyers seeking flexibility, the seller will deliver the first-floor unit vacant at closing if preferred — ideal for immediate occupancy, securing a new tenant at market rent, or creating an owner-occupied investment. Features include: 1.5-car detached garage and ample driveway parking Gas heating and cooking Spacious layouts in both units Being sold as-is — ready for your personal upgrades or rental optimization Whether you’re completing a 1031 exchange or expanding your portfolio, this property offers immediate cash flow, strong appreciation potential, and tax advantages.
Listing Highlights for 221 Lincoln Ave
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Multi Units
- Heating: Hot Water,Natural Gas
- Fireplaces: 0
- Floor: Combination,Hardwood,Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Storage Space,Walk-Out Access
- Other: First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Entrance Foyer,Galley Type Kitchen,Natural Woodwork,Original Details,Storage
- Water: Public
Exterior Details
- Lot Description: Back Yard,Cleared,Front Yard,Level,Near Public Transit,Near School,Near Shops,Paved,No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 50x100
- Roof:
- Others: Garden,Actual,Estimated
- Sewer: Public Sewer
- Parking Features: Driveway,Garage
Financial Details
- Tax Amount: $8,651
- Taxes w/Assessments: N/A
- Tax/Property ID: 2223-09-401-00-0448-0
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
221 Lincoln Ave Mineola, NY 11501
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