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(917) 719-1715
WealthWise Realty
12 Orange Street, Port Jervis, NY 12771
- $529,000
- List Price
- $529,000
- Status
- ACTIVE
- MLS#
- 1044850
- Price Change
- ▼ $20,000 1791398854
- Year Built
- 1920
- Acres
- 0.11
Property Description
REDUCED PRICE! Turnkey investment property completely occupied and rented. Room to raise some rents if needed as well as possibly unlocking other income producing streams the property may have. Currently performing at a 8.6 percent Return on investment. Beautiful three-family Victorian located in Port Jervis NY with incredible curb appeal and architectural character. The property features striking Victorian-era details, including ornate gingerbread trim, decorative gables, intricate woodwork, a covered front porch, and a classic bay window. The unique exterior gives the building a presence and charm that is difficult to find in a traditional investment property. The property offers three large, spacious units, all currently rented, making it a great income-producing investment. The building is in very good condition and also features a large basement with plenty of storage. Total rents collectively sum up to $4825 a month. An added bonus is the rear lot with commercial roadside frontage, offering additional possibilities for future use or development, subject to zoning and approvals. A unique opportunity combining strong rental income, beautiful Victorian character, large units, extra storage, and valuable commercial frontage. Won’t last long .
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Additional Information
- Taxes
- $5,410
- Lot Size
- 4,950
- Interior Features
- First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), ENERGY STAR Qualified Door(s), High Ceilings, Open Kitchen, Pantry, Quartz/Quartzite Counters, Storage, Walk-In Closet(s), Washer/Dryer Hookup
- Heating
- Baseboard, Hot Water, Natural Gas
- Cooling System Type
- Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- Full, Unfinished, Walk-Out Access
- Parking Spaces
- 8
- Elementary School
- East Main Street Elementary School
- Middle School
- Port Jervis Middle School
- High School
- Port Jervis Senior High School
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Listing courtesy of Listing Agent: Derek J. Greene (office@thegreenerealtygroup.com) from Listing Office: Greene 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.