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.
Estimated Payment
$ 5,907.61 per month $5,005.47 Principal & Interest $613.42 Property Tax $288.72 Homeowner's InsuranceListing By
Agency Name: RE/MAX Benchmark Realty Group
Agency Contact: 845-341-0004
Shown By
Agent Name: Daniel Murphy
Agent Phone: Cell: (516) 361-1680
Agency Title: Coldwell Banker American Homes
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393 North Street | MLS# 1054839
This multi-family property located at 393 North Street , Middletown, NY 10940 is currently listed for sale with an asking price of $989,900. North Street is located within the Middletown school district. Search Middletown real estate on danielmurphy.cbamhomes.com today.