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Single Family House for Sale in Port Jervis, Orange County, NY 12771 | Web ID: 1044850 | $529,000

12 Orange Street , Port Jervis , NY 12771

 
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Property Description

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 .

Property Information

Location/Town Port Jervis
Area/County Orange County
Prop. Type Single Family House for Sale
Tax $5,410.00
Year Built 1920
Basement Full, Unfinished, Walk-Out Access
Construction Unknown, Wood Siding
Total Units 3
Lot SqFt 4,950
Cooling Wall/Window Unit(s)
Heat Source Baseboard, Hot Water
Util Incl Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Patio Covered, Deck, Porch
Days On Market 37
Lot Features Back Yard, Cleared, Historic District
Parking Features Parking Lot
Tax Assessed Value 70000
Units 3
School District Port Jervis
Middle School Port Jervis Middle School
Elementary School East Main Street Elementary Sc
High School Port Jervis Senior High School
Features First floor bedroom, first floor full bath, ceiling fan(s), energy star qualified door(s), high ceilings, open kitchen, pantry, quartz/quartzite counters, storage, walk-in closet(s), washer/dryer hookup
Listing information courtesy of: Greene Realty Group

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Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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