Property Description

Presenting an exceptional opportunity to acquire a well maintained and strong cash flowing Duplex rental property. Welcome to 14 Church St, Marlboro NY! This property was built in 1920. Each apartment unit has three floors. Each unit consists of a living room, dining room/kitchen, bathroom, office, and 2-bedroom setup. The property consists of carpet and vinyl flooring. The basement space consists of a large space for storage and provides washer and dryer hook up. There are not a lot of true Duplex properties like this one in the Hudson Valley, each unit has their own front and rear entrance deck/patio entrance, and parking for tenants. There is also a good-sized backyard with a shed! The size of this property is 1944sqft, so each tenant has a good-sized unit to call their home. The seller understands what he has and is willing to sell it to the right buyer, for the right price. Gross annual income is $46,800, with annual expenses coming to $12,724.32!! There is also additional income possibility with rent upside (that could bring rental income to $60k annual)!! Landlord pays landlord town water/sewer bill (which could easily be passed on to the tenants), sanitation, lawncare and snowplow. Tenants pay their own electric and heat (unit 1 is oil heat/unit 2 is gas heat). This property is also located within an ideal location, right in the Town of Marlboro. Interior photos are of one unit, to view the other unit you need to schedule showing. Serious buyers only, all showings require pre-approval to show.

Property Features

Local Schools