Presented by CS Realty Request Showing Print Listing

Mortgage Calculator

Down Payment
Length (years)
Rate (percent)
Multi Family 5+ in Orange County
MLS Number1040067
Address57-58 Highland Avenue, Cornwall, NY 12518 show map
Price$5,600,000 show mortgage calculator
Acres0
Year Built1960
Est. Sq. Footage0
Elementary SchoolWillow Avenue Elementary School
Jr High-Middle SchoolCornwall Middle School
High SchoolCornwall Central High School
Estimated Taxes$113,456
Total Apt Units8
Remarks

Here’s an opportunity to own a substantial 8-building residential portfolio with a total of 33 units, offering scale, established income, and meaningful upside potential. Many of the units have been updated within the past 10 years, creating a solid foundation for an investor looking to acquire a property with improvements already in place. With multiple buildings and a diverse mix of units, this property offers the advantages of scale while providing multiple income streams under one ownership. Perhaps the most exciting aspect is the income upside. Current rents provide an established revenue base, while the opportunity to increase rents and continue maximizing the property’s potential could create additional value over time. For an investor looking beyond today’s numbers and focused on future growth, this is a property worth exploring. With 33 residential units across 8 buildings, with water/sewer and tenant paid utilities, this portfolio presents an opportunity to expand an existing investment portfolio or make a significant move into multifamily ownership. Strong fundamentals, improvements already made, multiple income streams, and room to increase revenue, this is an investment opportunity with both stability and potential. Come take a closer look and discover what this portfolio could mean for your next investment.

Amenities

Garage

This listing is Courtesy of Century 21 Alliance Rlty Group (845-297-4700).

Request a Showing - Make an Appointment - More Information
(917) 921-4934

Please use the form below to contact us. Thank you - CS Realty & Relocation Services. "Brokers of Better Rentals & Residences since 1986."

Subject
Your Name
Email Address
Phone Number--
Preferred Showing Time
Preferred Showing Date
Question or Comment
You will be contacted by a buyer's agent who will represent you on this listing.