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(917) 719-1715
WealthWise Realty
393 North Street, Middletown, NY 10940
- $989,900
- 8
- BD
- 4
- BA
- List Price
- $989,900
- Status
- ACTIVE
- MLS#
- 1054839
- Year Built
- 1903
- Style
- Colonial
- Bedrooms
- 8
- Bathrooms
- 4
- Acres
- 0.21
Property Description
An excellent investment opportunity in the City of Middletown: three properties with several sources of rental income in one portfolio: The offering includes a four-family home, a two-family home, and a separate parcel with income-producing billboards and a five-bay garage. All six apartments are occupied and consists of two-bedroom units. The tenants pay for their own electric and gas. Each unit has its own furnace and hot water heater. Behind the four-family home, a five-bay garage brings the portfolio to total of 10 garage bays in total. Both residential buildings have newer siding and the roofs are less than a year old. With the apartment, garage, and billboard income, this well-maintained portfolio offers a strong foundation for a long-term investment.
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Additional Information
- Taxes
- $7,361
- Lot Size
- 8,950
- Interior Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
- Flooring
- Laminate
- Heating
- Natural Gas
- Cooling System Type
- None
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- Unfinished, Walk-Out Access
- Parking Spaces
- 8
- Elementary School
- William A Carter School
- Middle School
- Middletown Twin Towers Middle Sch
- High School
- Middletown High School
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Listing courtesy of Listing Agent: Patricia M Sassi (thesassiteam@gmail.com) from Listing Office: RE/MAX Benchmark Realty Group.
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.