$460,000
Est. payment /mo
4,634 Sqft Lot
Price Dropped by $20K
1 Royce AVE Middletown, NY 10940
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 979190
Rental Info No
Year Built 1920
Annual Tax Amount $5,895
Lot Size 4,634 Sqft
Acres 0.1064
Property Sub-Type Duplex
Source onekey2
Property Description
Excellent investment opportunity in the heart of Middletown! This well-maintained, fully occupied two-family residence offers immediate cash flow with a total monthly income of $3,500. The first-floor unit features a comfortable 1-bedroom, 1-bathroom layout currently rented for $1,600, while the second-floor unit offers a spacious 2-bedroom, 1-bathroom configuration rented for $1,900. Strategically designed for low-maintenance ownership, the property boasts separate meters for gas and electric, ensuring tenants pay their own utilities, along with separate private entrances for each unit. A standout feature is the oversized, shared 4-car driveway providing ample off-street parking for all occupants. Situated on a desirable corner lot close to local amenities, schools, and commuter routes, this turn-key property owned by Musadiq Associates LLC is a solid addition to any portfolio. Offered at $480,000, this is a rare find in today's market.
Location
State NY
County Orange County
Rooms
Basement Full, Unfinished
Interior
Interior Features Entrance Foyer
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Natural Gas Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Senior Community No
Special Listing Condition None
Listed by Joseph Baratta Company Realty • Joseph O Baratta
Nearby Locations
GET MORE INFORMATION
Cynthia McKenna
Broker Associate | License ID: 10301215748 NY
+1(631) 278-6987 | cyndimckenna1@gmail.com