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$769,000
Est. payment /mo
36,425 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 1034204
Rental Info No
Year Built 1900
Annual Tax Amount $8,793
Lot Size 36425.001 Acres
Acres 36425.0
Property Sub-Type Mixed Use
Source onekey2
Property Description
Investment Highlights
This is an excellent income-producing opportunity with strong cash flow and attractive investment metrics.
Purchase Price: $769,000
Estimated Gross Rental Income: $72,000 per year ($6,000/month)
Net Operating Income (NOI): $60,707 annually
Cap Rate: 7.89%, providing a solid return before financing.
Estimated Annual Cash Flow (after mortgage): $16,962
Cash-on-Cash Return: 7.6, offering a strong return on the invested capital.
Debt Service Coverage Ratio (DSCR): 1.39x, indicating the property's income comfortably covers the mortgage payments.
Gross Rent Multiplier (GRM): 10.68, reflecting a competitive income-to-price ratio.
With projected annual rental income of $72,000, a 7.89% cap rate, and positive cash flow from day one, this property presents an attractive opportunity for both seasoned investors and owner-occupants seeking additional rental income. The strong NOI and healthy DSCR demonstrate the property's ability to generate consistent income while supporting financing.
Charming Multi-Family Opportunity with Spacious Outdoor Space
Discover the potential of this unique multi-family property offering generous living space, a large covered porch, and a private, tree-lined setting. The home features spacious bedrooms, multiple kitchens, bright living areas, and flexible floor plans ideal for extended family or investment opportunities.
Outside, you'll find a detached storage shed, an additional outdoor deck/work area, and ample parking. Surrounded by mature trees, the property offers privacy while still providing convenient access to shopping, restaurants, schools, and major roadways.
Whether you're looking to expand your investment portfolio, occupy one unit while generating rental income, or accommodate multi-generational living, this property offers exceptional potential. Bring your vision and make this versatile property your own.
Highlights:
Multi-family income opportunity
Spacious covered front porch
Multiple kitchens and living areas
Detached storage shed
Large outdoor space with mature trees
Ample off-street parking
Convenient location close to shopping, dining, and commuter routes
Great opportunity for investors or owner-occupants
This property is ready for its next chapter—schedule your private showing today!
This is an excellent income-producing opportunity with strong cash flow and attractive investment metrics.
Purchase Price: $769,000
Estimated Gross Rental Income: $72,000 per year ($6,000/month)
Net Operating Income (NOI): $60,707 annually
Cap Rate: 7.89%, providing a solid return before financing.
Estimated Annual Cash Flow (after mortgage): $16,962
Cash-on-Cash Return: 7.6, offering a strong return on the invested capital.
Debt Service Coverage Ratio (DSCR): 1.39x, indicating the property's income comfortably covers the mortgage payments.
Gross Rent Multiplier (GRM): 10.68, reflecting a competitive income-to-price ratio.
With projected annual rental income of $72,000, a 7.89% cap rate, and positive cash flow from day one, this property presents an attractive opportunity for both seasoned investors and owner-occupants seeking additional rental income. The strong NOI and healthy DSCR demonstrate the property's ability to generate consistent income while supporting financing.
Charming Multi-Family Opportunity with Spacious Outdoor Space
Discover the potential of this unique multi-family property offering generous living space, a large covered porch, and a private, tree-lined setting. The home features spacious bedrooms, multiple kitchens, bright living areas, and flexible floor plans ideal for extended family or investment opportunities.
Outside, you'll find a detached storage shed, an additional outdoor deck/work area, and ample parking. Surrounded by mature trees, the property offers privacy while still providing convenient access to shopping, restaurants, schools, and major roadways.
Whether you're looking to expand your investment portfolio, occupy one unit while generating rental income, or accommodate multi-generational living, this property offers exceptional potential. Bring your vision and make this versatile property your own.
Highlights:
Multi-family income opportunity
Spacious covered front porch
Multiple kitchens and living areas
Detached storage shed
Large outdoor space with mature trees
Ample off-street parking
Convenient location close to shopping, dining, and commuter routes
Great opportunity for investors or owner-occupants
This property is ready for its next chapter—schedule your private showing today!
Location
State NY
County Orange County
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Available
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
High Schools Monroe-Woodbury
School District Monroe-Woodbury
Others
Special Listing Condition None
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Listed by Flag Realty Group • Joseph Rosenfeld
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