Price
$ 179,900
$5,000 Price cut

17 Chestnut Street, Middletown, NY 10940  
  • 8 beds
  • 2 baths
  • 2,790 sqft

17 Chestnut Street, Middletown, NY 10940  

Fully available 11/2/2017.... Just painted, could use flooring. When buying an investment you the investor has to look at the sq ft because larger apts bring in more money. Look at all the houses that are listed for sale. Divide the list price by the sq ft. For this house divide $170,000/2790sq feet= $60.90 per sq foot. Do this for all the 2 unit houses listed and you will see this is a good buy. Apartments can rent for 1500-1600. Large apartments bring in more rent. Hot water, heat, electric, plumbing, roof, siding, all good. . Potential gross income of $38,400. All separate utilities, You pay Tax, insurance, water. Just pass Middletown inspection. Live in one for almost free, rent the other for 1600.

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Listing Type
Multi-Family
Listing ID
4701058
Bedrooms
8
Bathrooms
2
House Size
2,790
Lot Size
4,478.00 sqft
Listing Status
Active
Year Built
1925
County
Orange
Full Bath
2
Units
2
County School District
Middletown
School District 1
Mechanicstown William A Carter
School District 2
Middletown Middle School
School District 3
Middletown High School
Taxes
6507.0
TaxYear
2015
Listing courtesy of John J Lease REALTORS Inc
Price History
Get price alerts on price change
Date Event Change Price
11/2/2017 Price change $-5,000 (-2.7%) $179,900
8/31/2017 Price change $5,000 (2.8%) $184,900
7/24/2017 Price change $-4,100 (-2.2%) $179,900
6/7/2017 Price change $-5,000 (-2.6%) $184,000
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