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18 Chestnut Street

Middletown, NY 10940
  • $399,000
  • STATUS: Active
  • MLS #: H6260155
UPDATED: 60 min ago
$399,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,016
    SQFT
  • $198
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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!

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© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2023-09-25T13:19:35.543.
www.barbaracarterteam.com/homes/141612278
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18 Chestnut Street Middletown, NY 10940

  • Price: $399,000
  • Status: Active
  • On Site: Days
  • Updated: 60 min ago
  • MLS #: H6260155
4
Beds
2
Baths
0
½ Baths
0.1
Acres
2,016
SQFT
$198
$/SQFT
1900
Built
Neighborhood:
Middletown
County:
Orange
Area:
Middletown
Elementary School:
William A Carter Elementary
Middle School:
Call Listing Agent
High School:
Middletown High School
School District:
Middletown
Property Description
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!
Exterior Features

Attached Garage YN No Parking Features DrivewayGarageOff StreetPrivate Parking Total 4 Property Attached YN No

Interior Features

Bedrooms Total 4 Common Walls No Common Walls Cooling Window Unit(S) Cooling YN Yes Heating Natural GasBaseboard Hot Water Gas Stand Alone

Property Features

Garbage Removal Public MLSArea Minor 99 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Owner Pays Insurance Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 4935 Tax Annual Amount1 4935 Township Middletown Water Source Public

Listing courtesy of Jeffrey Hozias of Legacy Dwellings: 845-920-1400
© 2023 OneKey MLS. All rights reserved.


© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2023-09-25T13:19:35.543.
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299
Highland NY, 12528