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Multi Family 2-4 in Rockland County
MLS Number1066855
Address18-20 E Park Place, Suffern, NY 10901 show map
Price$1,099,000 show mortgage calculator
Acres0.33000459136823
Year Built1920
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$16,440
Total Apt Units3
Remarks

Exceptional investment opportunity in a desirable Suffern location! Currently generating $6,200 in monthly rental income, with potential to reach $8,200 per month! This three-unit mixed-use property includes two income-producing apartments and a vacant commercial unit you can use for your own business or lease for a potential $2,000 per month. Set on generous grounds with an expansive green yard, beautiful mature trees, and a large paved parking area, the property combines an attractive setting with convenient on-site parking. The commercial unit features four offices, a bathroom, and a large basement with windows, providing valuable additional storage and flexible space. The first apartment includes three generously sized bedrooms, one bathroom, a kitchen, a living and dining area, laundry space, and basement access. The second apartment offers three bedrooms, one bathroom, a kitchen, a separate living room, laundry space, and a primary bedroom with a walk-in closet. Conveniently located near restaurants, shops, schools, and public transportation, this property brings together spacious grounds, multiple rental opportunities, and exciting income growth potential. An outstanding opportunity to own a versatile income-producing property with generous outdoor space, ample parking, and significant rental upside! This property can be purchased individually or together with 22 Park Place, Suffern, NY (MLS #1069520).

Amenities

This listing is Courtesy of Keller Williams Valley Realty ().

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