- Price: $529,000
REDUCED PRICE! Turnkey investment property completely occupied and rented. Room to raise some rents if needed as well as possibly unlocking other income producing streams the property may have. Currently performing at a 8.6 percent Return on investment.
Beautiful three-family Victorian located in Port Jervis NY with incredible curb appeal and architectural character. The property features striking Victorian-era details, including ornate gingerbread trim, decorative gables, intricate woodwork, a covered front porch, and a classic bay window. The unique exterior gives the building a presence and charm that is difficult to find in a traditional investment property. The property offers three large, spacious units, all currently rented, making it a great income-producing investment.
The building is in very good condition and also features a large basement with plenty of storage. Total rents collectively sum up to $4825 a month. An added bonus is the rear lot with commercial roadside frontage, offering additional possibilities for future use or development, subject to zoning and approvals. A unique opportunity combining strong rental income, beautiful Victorian character, large units, extra storage, and valuable commercial frontage.
Won't last long .
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