393 North Street, Middletown, NY 10940

$989,900
8
BD
4
BA

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List Price
$989,900
Status
ACTIVE
MLS#
1054839
Bedrooms
8
Bathrooms
4
Full-baths
4
Lot Size
8,950
Neighborhood
Middletown
Year Built
1903
Acres
0.21

Property Description

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.

Additional Information

Style
Colonial
Interior Features
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Parking
Driveway
Water
Public
Basement
Unfinished, Walk-Out Access
Basement Description
Unfinished, Walk-Out Access
Flooring
Laminate
Heating
Natural Gas

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Patricia M Sassi (thesassiteam@gmail.com) from Listing Office: RE/MAX Benchmark 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.