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.
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
House Interior
Eat-in Kitchen
Entrance Foyer
Natural Woodwork
Storage
Basement
Full
Storage Space
Walk-Out Access
Heating Information
Hot Water
Natural Gas
Parking
Driveway
Garage
Cooling Information
Multi Units
Water Features
Public
School Information
School Information for 221 Lincoln Avenue, Mineola, NY 11501
Elementary School
Jackson Avenue School
Middle School
Mineola Middle School
High School
Mineola High School
Listing Courtesy: Goldilocks Real Estate - 516-874-3033