Multi Family 5+ in Orange County
| MLS Number | 864602 |
|---|---|
| Address | 11 Goshen Avenue, Washingtonville, NY 10992 show map |
| Price | $1,999,000 show mortgage calculator |
| Acres | 0.17199265381084 |
| Year Built | 1880 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $20,589 |
| Total Apt Units | 13 |
Exceptional opportunity to own a meticulously maintained, fully-occupied multi-use property in the heart of the Village of Washingtonville. This solid investment asset features 10 residential apartments and 2 street-level retail storefronts, all with stable long-term tenants and a history of consistent income. Owned by the same family for over 40 years, this property has been cared for with pride and attention to detail—truly their “baby.” There is no deferred maintenance, ensuring peace of mind and low operational headaches for the next owner. Current income delivers a strong 7+% cap rate, with realistic upside potential to reach 8%+ through modest rent adjustments and enhanced retail lease terms. Whether you're a seasoned investor or entering the multifamily space, this is a rare, turnkey asset in a desirable and growing Hudson Valley community.
Walk Metro-North RR
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