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
![[Middletown Real Estate, listing number 7344622]](https://www.vlshomes.com/images/full/7344622a.jpg)