2 Preston Street Offered at $999,000 - Port Washington, NY 11050
5 Bedrooms
3 Bathrooms
1958 Year Built
2,267 SqFt
Port Washington School District
833987 MLS
Nestled in the vibrant heart of Port Washington, this exceptional multi-family property is within walking distance of the LIRR, shops, waterfront and restaurants. The property is permitted and CO-approved presenting an unparalleled opportunity for investors and end users alike. The primary residence is a charming 3-bedroom 2 bath Colonial, blending classic appeal with modern convenience. The main level features a welcoming living room, a spacious eat-in kitchen with a dining area, a versatile office/TV room, a full bathroom, and an enclosed sunporch perfect for relaxing. Upstairs, you’ll find three bedrooms and another full bathroom, with an additional unfinished walk-up attic and partial basement. Complementing the main house is a self-contained 2 bedroom, 1 bath cottage retreat with a comfortable living room, eat-in kitchen, full bathroom, Making it an ideal space for extended family, rental income, or a private guest house. Top-rated schools, including Port Washington Middle School and High School, are just a mile away. This unique property offers endless possibilities, whether as a multi-generational compound, an income-producing asset, or a dream home in one of Long Island’s most desirable waterfront communities. Don’t miss this rare opportunity—schedule your private tour today!
Features
- Legal 2 Unit – Detached Multi-Family
- rental permits up to date
- Walking distance to LIRR
- Separate Gas and Electric
- Taxes $16,197 (file for grievance every year, 2023-24 assessment $703,000)
- $140,000 capital improvements since 2007
- 2022 -New Deck Main House $18,000 (permitted inspected and approved)
- 2022 Updated all plumbing to code per TONH $15,000
- 2022 Variance for sunporch (inspected and approved) $12,000
- 2020 New Subfloor in cottage bathroom $6,000
- 2018?? New Water Heater in Main House $3,000 (permitted inspected and approved)
- 2018?? New boiler in cottage $6000 (permitted inspected and approved)
- 2008 – New Retaining wall, north end of property, patio outside cottage $12,000 (permitted inspected and approved)
- 2008 – Underpinning of cottage $5,000 (permitted inspected and approved)
- 2008 – Healthy Basement System in crawl space of cottage $6,000
SPACE TO UNWIND
INSIDE AND OUT
1 2
Floor Plans & Grounds
Main House
Floor Plans & Grounds
Cottage
Map 2 Preston Street, Port Washington, NY 11050
2 Preston Street, Port Washington, NY 11050