393 North Street, Middletown, NY 10940

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List Price
$989,900
Days on Market
24
MLS#
1054839
Status
ACTIVE
Property Type
Quadruplex
Style
Colonial
Year Built
1903
Property Tax
$7,361
Neighborhood
Middletown
School District
Middletown
High School
Middletown High School
Jr. High
Middletown Twin Towers Middle Sch
Elementary School
William A Carter School

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

Bedrooms
8
Bathrooms
4
Full Baths
4
Acres
0.21
Parking
Driveway
Basement
Unfinished, Walk-Out Access
Heating
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

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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.