Residential Income

90 Montgomery Street, Middletown, New York 10940

$389,000
Listing ID #H6255515
Agent info
Contact Agent
4 Bedrooms
2 Bathrooms
1,904 Sqft
Basic Details
Property Type Residential Income
Property Sub Type Multi Family
Listing Type For Sale
Listing ID H6255515
Price $389,000
Bedrooms 4
Rooms 0
Bathrooms 2
Bathrooms Full 2
Half Bathrooms 0
Square Footage 1,904 Sqft
Year Built 1889
Lot Area 0.09 Sqft
Property Description

This legal two-family property offers a range of desirable features, making it a fantastic investment for savvy buyers. Each unit boasts two spacious bedrooms and a well-appointed bathroom. Both units are currently fully rented, ensuring immediate rental income for the new owner. The property offers driveway parking, allowing tenants the convenience of off-street parking for their vehicles. Tenants share access to the back yard. The property benefits from long-term tenants, fostering stability and consistent rental income. With a remarkable 7.5% return on investment (ROI), this property presents an attractive investment opportunity that promises a healthy financial performance with an upside on the rental income and future property value. This property is part of a 3 building portfolio which can be sold together!

Features
Hot Water, Natural Gas
Window Unit(s)
Driveway, Private
3
Address Map
US
New York
Orange
Middletown
10940
New York-Middletown
Montgomery
90
Street
0
W75° 35' 19.4''
N41° 27' 1.6''
MLS Addon
Legacy Dwellings
Jeffrey Hozias
$0
$389,000
$399,000
$399,000
Active
$4,931
22300
330900-026-000-0005-024.000-0000
Middletown
2
2
2
$0
$0
1
0 Sqft
Square Feet
No Common Walls
Maple Hill Elementary School
Middletown High School
Call Listing Agent
0
1
19/06/2023
H-44562
LEGDWL
Public Sewer
A