Multi Family
127 Inlet Road
Active · Southampton · Suffolk County, NY 11946
- Year built
- 1989
- Est. monthly taxes
- $498.08
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About this home
RARE FIVE-UNIT INVESTMENT COMPOUND & LOW TAXES | HAMPTON BAYS, NY. A rare five-unit compound on 0.80-acre property, in Hampton Bays, featuring a two-story main house and four detached cottages, each separately configured and currently leased. Just locks from the Shinnecock Bay shore line. This exceptional offering features a spacious two-story main house with 4 bedrooms and 4 full bathrooms, plus four detached cottages consisting of three 2-bedroom units and one 1-bedroom unit, each with its own full bathroom. The property also offers 8 parking spaces, providing added convenience for residents. Currently fully occupied, all five residences generate a combined $213,600 in gross annual rental income, with reported annual operating expenses of $36,249 and an estimated net operating income of $177,351. Ideally located near Shinnecock Bay, beautiful beaches, shopping, dining, and recreational amenities, this distinctive property combines the charm of Hamptons coastal living with established rental income and long-term investment potential. An outstanding opportunity for investors seeking a diversified rental portfolio in one of Long Island's desirable East End communities. All information, rental income, expenses, and property uses should be independently verified.
Listing snapshot
- Days on site
- 12 days
- Listed on MLS
- Oct 16, 2026
- Annual property tax (MLS)
- $5,977
- Tax year
- 2025
- Listing brokerage
- LAFFEY REAL ESTATE
- MLS ID
- KEY1063571
- Last updated
- Oct 17, 2026
General features
- Property type
- Multi Family
- Year built
- 1989
- Total parking
- 8
- Parking
- Driveway, Private
- Water source
- Public
- Sewer
- Cesspool
- Utilities
- Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Interior features
- Basement
- Crawl Space
- Heating
- Natural Gas
- Cooling
- Central Air, Varies by Unit, Wall/Window Unit(s)
Exterior features
- Construction materials
- Advanced Framing Technique
Schools (MLS)
- Elementary school
- Southampton Elementary School
- Elementary school district
- Southampton
- Middle school
- Southampton Intermediate School
- Middle school district
- Southampton
- High school
- Southampton High School
- High school district
- Southampton
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.
