Mary Alice Ruppert
Licensed Associate Real Estate Broker, Career and Business Development Leader
REALTOR®, ABR, AHWD, C2EX, CRB, ePro, GRI, SFR, SRES
BEDS9
BATHS4 full
SQUARE FEET4,000
MLS#1059395
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLRiverhead
Property Description
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
Property Features
Property Type: Residential - Single Family
Basement: Bilco Door(s)
Cooling: Central Air
Heating: Natural Gas
Home Style: Colonial
Lot Size: 0.27 Acres
Taxes: $14,416
Year Built: 1908
Amenities
First Floor Bedroom
First Floor Full Bath
Feature Descriptions
Appliances: Dishwasher, Oven, Range, Refrigerator, Stainless Steel Appliance(s)
Attic: Unfinished
Building Area Total: 4000
Exterior: Frame
Flooring: Vinyl, Wood
GarageY/N: Yes
Heating Zones: 2
On Market Date: 2026-10-16
Parcel Number: 0600-126-00-04-00-053-000
Parking Features: Driveway, Off Street, On Street
Parking Total: 8
Rental Term: Monthly
Rooms Total: 20
Seller Concession: Yes
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Riverhead Senior High School
Middle School: Riverhead Middle School
Elementary School: Roanoke Avenue School
School District: Riverhead
Listed By / Shown By
Listing By
Agency Name: East End Luxury Ltd
Agency Contact: 631-477-6626
Shown By
Agent Name: Mary Alice Ruppert
Agent Phone: Cell: (631) 424-4639
Agency Title: Howard Hanna | Coach Realtors
Estimate Your Payment
Estimated Payment
$ 8,057.76 per month $6,420.39 Principal & Interest $1,201.33 Property Tax $436.04 Homeowner's InsuranceChange Payment Information
Mary Alice Ruppert
Office: (631) 581-7979 ext. 102
Cell: (631) 424-4639
Fax: (631) 581-3080
Voice Mail: (631) 581-7979
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329-331 Maple Avenue | MLS# 1059395
This single family home located at 329-331 Maple Avenue, Riverhead, NY 11901 is currently listed for sale with an asking price of $1,495,000. This property was built in 1908 and has 9 bedrooms and 4 full baths with 4000 sq. ft. 329-331 Maple Avenue is located within the Riverhead school district. Search Riverhead real estate on mruppert.coachrealtors.com today.