Middletown Real Estate

393 North Street, Middletown, NY 10940

[Middletown Real Estate, listing number 7344622]



Description: 7344622
   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.

Details:
   Families: 4
   Bedrooms: 8
   Bathrooms: 4
   Property Type: Colonial
   Acres: 0.21
   Built: 1903
   School District: Middletown

Financials:
   Price: $989,900
   Taxes: $7,362

 

RE/MAX Benchmark Realty Group
Patricia Sassi
Lic. Real Estate Associate Broker
Office: 845-341-0004

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