393 North Street,Middletown, NY 10940
Middletown, NY 10940
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.
Details
| MLS # | 1054839 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 24 |
| Listing Provided By | RE/MAX Benchmark Realty Group | Patricia M Sassi |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,698 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.21 |
Interior
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen |
Exterior
| Construction Materials | Block, Frame, Stone |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 26300 |
| Tax Annual Amount | 7361.99 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Middletown |
| Zip Code | 10940 |
| School District | Middletown High School |
| Elementary School | William A Carter School |
| High School | Middletown High School |
| Listing VS Median (in 10940) | |
Price: $989,900 low | high Med: $350,000 sqft: 3,698 low | high Med: 1,007 $ / sqft: $268 low | high Med: $348 On site: 24 low | high Med: 55 | |
Market Activity 10940
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Learn More About This Property
| State | NY |
|---|---|
| County | Orange County |
| City | Middletown |
| Zip Code | 10940 |
| School District | Middletown High School |
| Elementary School | William A Carter School |
| High School | Middletown High School |
| Listing VS Median (in 10940) | |
Price: $989,900 low | high Med: $350,000 sqft: 3,698 low | high Med: 1,007 $ / sqft: $268 low | high Med: $348 On site: 24 low | high Med: 55 | |