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- 6 Farrington Street Property Listing
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6 Farrington Street
Newburgh City, NY
12550
- Lot Size:
- 0.03
- Listing was updated:
- 15 minutes ago
- Days on ZipRealty:
- 216
- Listed:
- 10/19/12
- Price/sq ft:
- $37
- Estimated Monthly Payment:
- $514
- Source:
- Greater Hudson Valley Multiple Listing Service
- MLS #:
- 535183
- Status:
- Active
- Views:
- 0
- Popularity:
- N/A
- Walk Score®:
- See local info »
- View Map
Four-family brick building, renovated in 2012. 1 unit per floor with living rm, dining rm, kitchen, 3 bdrm and 1 bthrm. Separate utilities, 4 gas burners for heat new installed in '05. Fully occupied with a gross annual rent income of $43,200 and total expenses of $11,400 netting an annual income of $31,800. Buy this as an investment property with a CAP rate of 21% (gross return on investment before leveraging any financing) or buy this building as an owner occupied property, live in one apartment yourself while renting out the other 3 units. This brings your net income to $21,000 and will leave you a positive annual cash flow after you have paid the mortgage! Across a park with a playground.
MLS Listing Information for 6 Farrington Street
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Interior Features
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24 |
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Exterior Features
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Attached |
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Street Parking |
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Corner Lot |
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0.03 |
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4 |
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Utilities
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Municipal |
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Municipal |
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Schools
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Magnet |
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Magnet |
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Nfa |
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Newburgh |
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Condo Features
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Row Dwelling |
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Additional Information
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Orange |
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5400 |
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Liberty Street |
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0 |
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courtesy of: |
Keller Williams Realty |
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Schools Information for 6 FARRINGTON ST
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Public Record Information for 6 FARRINGTON ST
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