BEDS0
BATHS
MLS#979190
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Lot Size: 0.11 Acres
Taxes: $5,895
Year Built: 1920
Amenities
Entrance Foyer
Feature Descriptions
Exterior: Frame
On Market Date: 2026-04-01
Parcel Number: 330900-011-000-0005-002.000-0000
Parking Features: Driveway
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Natural Gas Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Joseph Baratta Company Realty
Agency Contact: 800-628-3119
Shown By
Agent Name: TEAM Property Sisters
Agent Phone: (516) 233-9700
Agency Title: Howard Hanna | Coach Realtors
Estimate Your Payment
Estimated Payment
$ 2,692.65 per month $2,061.40 Principal & Interest $491.25 Property Tax $140.00 Homeowner's InsuranceChange Payment Information
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1 Royce Avenue | MLS# 979190
This multi-family property located at 1 Royce Avenue , Middletown, NY 10940 is currently listed for sale with an asking price of $480,000. Search Middletown real estate on www.hopeandfaithpropertysisters.com today.