$1,495,000
329-331 Maple Avenue, 11901
About this property
Residential investment opportunity: two renovated homes and two barns on one parcel in a walk-to-town Riverhead location. Long-term tenants and leases are in place, with upside potential in rents. Buyer must assume all existing leases; tenants will not be vacated to facilitate a sale. 331 Maple Avenue offers approximately 3,000 SF with 6 bedrooms and 3 baths, while 329 Maple Avenue features 3 bedrooms and 1 bath. Both homes have new kitchens, baths, roofs, siding, and renovated interiors. Mechanical upgrades include new heating and hot water at 331, and new heating, air conditioning, and hot water at 329. Two barns offer additional rental potential and storage flexibility, subject to permitted uses. Located near downtown Riverhead’s major revitalization efforts, including the nearly $33 million Town Square project, this property combines established tenancy, extensive improvements, and rental upside near significant downtown reinvestment. Call for Details. Proof of funds required prior to any showing
Features
Interior
- –First Floor Bedroom
- –First Floor Full Bath
Appliances
- –Dishwasher
- –Oven
- –Range
- –Refrigerator
- –Stainless Steel Appliance(s)
Heating
- –Natural Gas
Cooling
- –Central Air
Parking
- –Driveway
- –Off Street
- –On Street
Financial
- Annual taxes
- $14,417 (2026)
Listed by East End Luxury Ltd
MLS# KEY1059395
Represented by Nathalia Valencia, Nostra Haus · 631.488.0834
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Property details
- ZIP
- 11901
- Type
- Residential
- Style
- Single Family Residence
- Year built
- 1908
- Interior
- 4,000 sq ft
- Lot
- 0.27 acres
- Garage
- 0 spaces
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