318 5th Avenue, Greenport, NY 11944

Property Description

Charming Legal 3-Family Home in Greenport, NY Don’t miss this rare gem on the market for the first time in nearly 50 years! This exceptional property offers a unique opportunity to own a distinguished late 19th-century Victorian that has been thoughtfully converted into a three-family residence, preserving its exquisite original details. Delight in the added bonus of a cozy stand-alone cottage, in addition to the two-family attached home, in the backyard, along with four independent garages, a charming shed, and ample room for a pool, beautiful gardens, or whatever your heart desires. With its spacious and sun-soaked oversized lot, you’ll relish the vibrant Village of Greenport lifestyle, all within walking distance of public transportation, trendy shops, enticing restaurants, and the inviting beach! **Unit Descriptions:** - Unit One graces the primary floor, featuring a warm living room adorned with a grand bay window, a generous kitchen, a full bathroom, and three expansive bedrooms, perfect for relaxation and gatherings. - Unit Two occupies the second floor and is accessed through a classic double front door leading from a broad porch, through the original foyer and up a stairwell. This charming unit boasts large rooms, a complete kitchen, a full bathroom, and access to the attic. Recently used as a three-bedroom apartment, it also features a back stairway that opens up to the serene garden. - Unit Three is at the rear of the property, nestled quietly apart from the main house, you’ll find a delightful one-bedroom cottage. This enchanting space includes two floors: a warm living room, a spacious kitchen, a lovely bathroom, and an airy loft bedroom and office space with attic access that beckons for personalized flair. Completing this extraordinary property is a four-car garage, with each unit operating independently—secure, convenient, and easily rentable. Each apartment has access to on-site laundry facilities, and the expansive parcel of land is waiting for your creative touch. Whether you envision a sanctuary for yourself while renting out the additional units or seek to capitalize on the investment potential, this truly unique offering is brimming with possibilities and charm!