$450,000
$459,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
3,172 SqFt
SOLD DATE : 01/26/2024
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,172 sqft
Price per Sqft $141
MLS Listing ID H6252773
Sold Date 01/26/24
Style See Remarks
Bedrooms 4
Full Baths 4
Rental Info No
Year Built 1900
Annual Tax Amount $8,550
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi Family
Source onekey
Property Description
Over $53,000 in yearly gross income. This is the best investment property in the area currently on the market. Owner has had it for more than 40 years and is ready to sell this money maker. There are 4 one-bed units that are consistently leased for the last 15 years. Property has been well maintained with many updates: Gas water heaters replaced 2015-2022, all furnaces replaced in 2008, kitchens and baths have been updated with newer appliances. All new counter tops in kitchens. There is an oversized carriage house in the backyard that can fit 3 cars with plenty of storage on the second floor, potential for an additional $400 monthly. Walking distance to restaurants, shops and public transportation.
Location
State NY
County Orange
Interior
Heating Natural Gas, Baseboard
Cooling None
Flooring Hardwood
Fireplace No
Exterior
Parking Features Detached, 3 Car Detached
Garage Spaces 3.0
Total Parking Spaces 8
Garage true
Building
Lot Description Level, Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Frame,Cedar
Schools
Elementary Schools Maple Hill Elementary School
Middle Schools Call Listing Agent
High Schools Middletown High School
School District Middletown
Others
Senior Community No
Special Listing Condition None
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Bought with RE/MAX Town & Country