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Browse More Listings in Multifamily For Sale, Newburgh, NY or New York

Multifamily Property For Sale

Maple Gardens

7 Court Rd, Newburgh, NY 12550

Price:
Price Not Disclosed
No. Units:
5
Building Size:
3,500 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Occupancy:
100%
Lot Size:
1.60 AC
Find Out More...

Last Verified 10/8/2009 Listing ID 15638682

Description

EXTREMELY RARE 5 family in highly desirable Balmville. One of a kind property with 2 structures: structure 1 is a legal 3 family and structure two is a legal 2 family. perfect for owner occupant or investor. This property is in the most desirable location. Extremely easy to keep 100% occupancy. Invest today for your future OR live in prestigious Balmville while your tenants help pay the mortgage. Either way you can't go wrong! NOTE: Operating expense sheet is attached to listing. Password protected call listing broker for password.

Rare Five Family In Prestigious Ballmville

Financial Summary

Unit Mix Information

Actual
Year
2007
Scheduled Gross Income
$50,400
Operating Expenses
$29,436
Net Operating Income
$20,964
Pre-Tax Cash Flow
$32,194

Description	No. Units	Avg. Mo. Rent
Building #1	3	$2,600
Building #2	2	$1,600

Map of 7 Court Rd, Newburgh, NY 12550 (Orange County)

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Presented by

John J. Lease Realtors

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Contact Listing Broker

Arthur Fowler (845) 565-2800 Ext: 143

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Created 3/30/2008

Additional Information for 7 Court Road, Newburgh, NY 12550

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Maple Gardens

7 Court Rd, Newburgh, NY, 12550