**7% Cap Rate** On $121,200 Projected Gross Rents!!! Once In A Generation Opportunity To Purchase This Historic Legal 4 Unit Multi-Building Estate Property W/ Private Pond On 3 Separate Lots Totaling 2.18 Acres In Great Lake Ronkonkoma Location! The Original "Metzner Estate" Carriage House Consists Of A Beautiful Tastefully Designed Owners 3 Bedroom 2.5 Bath Townhouse W/ Expansive Rooms & Closets, 9' Ceilings, Maple Cabinetry, SS Appliances, Lovely Tiled Bathrooms, Central Air, Wood Burning Fireplace, And Multi Water Views, A Recently Renovated 2 Bedroom 1st Floor Unit W/ SS Appliances, And A Spruced Upstairs 3 Room 1 Bedroom Walk Up Unit W/ Maple Kit Cabinetry, While The Detached Private "Pump House" Bi-Level 1 Bedroom Unit Boasts A Modern Open Floor Plan W/ Maple Cabinetry, SS Appliances, X-Large En-Suite Bedroom W/Skylight & Renovated Tiled Bath, Private Deck Overlooking Pond, And Outdoor DIning/Firepit Area. Additional Amenities Include Private Owners Slate Patio, Two Car Detached Garage, Lawn Irrigation System, And Great Storage Shed. Enjoy Entertaining On Your Expansive Manicured Lawn W/ Mature Plantings Or Rowing Your Private Pond W/ Fishing, Migratory Birds And Feeding Your Own Domestic Ducks. At A 7% Cap Rate This Is A Rare Chance To Add Critical Mass To Your RE Portfolio Or A Perfect Opportunity For Supplemental Owner Income Or Remarkable Multi-Generational Living On One Property! Impeccably Maintained By Long Time Owner And A Truly Special Property. Lot 1 @ 36 Metzner = 1.25 Acres/ Lot 2 @ 36 Metzner = .17 Acres/ Lot 3 @ 0 Smiths Road = .76 Acres. True LOW Taxes at $14453.92., Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes