Prime Investment & Income-Producing Opportunity in East QuogueDiscover a rare and versatile multi-residence compound in the heart of East Quogue, offering exceptional investment potential and a proven history of rental income. Whether you're seeking a lucrative income-producing property, a private retreat, or a combination of both, this unique offering presents endless possibilities. The centerpiece of the property is a charming farmhouse, once a popular Bed and Breakfast from the 1900's, The Morgan Tourister. Filled with generous living space, the home comfortably accommodates you and your guests, featuring five bedrooms, living room, formal dining room, spacious eat-in country kitchen, den, and expansive outdoor areas. Unwind and enjoy peaceful afternoons on the inviting wraparound porch overlooking the property's beautiful grounds. Complementing the main residence are two separate one-bedroom cottages and an attached studio, each with its own private yard area, providing ideal accommodations for guests and tenants. Rental permits are already in place, making this a turnkey opportunity for immediate income generation. The grounds offer ample parking, abundant outdoor entertaining areas, and room for a pool, creating even more opportunities to enhance and personalize the estate. Bordering a picturesque 35-acre tree farm and ideally situated on the Quogue border, this desirable location is just moments from East Quogue's charming shops, restaurants, ocean beaches, train service, Hampton Jitney stops, and less than two hours from New York City. A truly unique opportunity to own a multi-residence compound with established rental history, bordering beautiful open space, in one of the Hamptons most sought-after locations.
Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 631-288-6244
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 6,347.91 per month $4,896.25 Principal & Interest $810.00 Property Tax $641.67 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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718 Montauk Highway | MLS# 1012493
This multi-family property located at 718 Montauk Highway, East Quogue, NY 11942 is currently listed for sale with an asking price of $2,200,000. Montauk Highway is located within the Westhampton Beach school district. Search East Quogue real estate on www.coldwellbankerchoice.com today.