318 E Olive Street, Long Beach, NY 11561

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Sold Price
$1,250,000
Days on Market
15
Closing Date
Nov 24, 2025
MLS#
900729
Status
CLOSED
Property Type
Duplex
Year Built
1996
Property Tax
$19,000
School District
Long Beach
High School
Long Beach High School
Jr. High
Long Beach Middle School
Elementary School
East Elementary School

Property Description

Legal multi-family with two spacious, stylish units, each offering 3 bedrooms, 2 full baths, a private deck, in-unit washer/dryer, and a cozy wood-burning fireplace (6 beds/4 baths total). The layout provides comfort, privacy, and versatility for a variety of living arrangements. A full basement adds even more space, featuring a wet bar, living area, two additional rooms, and a separate entrance - ideal for a home office, guest suite, or entertainment/hobby space. Additional highlights include a two-car garage, private backyard, and a brand-new outdoor shower! Whether you’re an investor seeking rental income, planning for multi-generational living, or dreaming of owning a beachside home while renting the other unit to offset your mortgage, this property offers endless possibilities. Located in a prime Long Beach location just minutes to the LIRR, major parkways, shopping, dining, cafes, boutiques, and fitness studios and only half a mile to the golden sandy beach. Don’t just dream of beach living, make it your reality!

Additional Information

Bedrooms
6
Bathrooms
4
Full Baths
4
Acres
0.09
Parking
Attached, Driveway, Garage, Off Street, Private
Basement
Finished, Full, See Remarks, Walk-Out Access
Laundry
In Unit
Heating
Baseboard
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jennifer McConnell (jmcconnell@bhhslaffey.com) from Listing Office: BERKSHIRE HATHAWAY.

Selling Office: BERKSHIRE HATHAWAY.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.