$579,000

15 Brown Street, Livingston Manor, NY 12758

  • 7 beds |
  • 4 baths |
  • 3,708 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $156/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Exceptional Fully-Occupied Multi-Family – High 9%+ Cap Rate | Turnkey Investment Incredible opportunity to own a fully occupied, income-producing multi-family property that has been recently renovated and is delivering strong, stable returns from day one. This turnkey building offers an impressive cap rate of over 9%, making it a standout investment in today’s market. The property features updated units, solid tenancy, and reliable rental income with zero vacancy, ensuring steady cash flow and minimal management headaches. All major improvements have already been completed, giving investors the peace of mind that comes with a well-maintained asset. This building is ideal for investors seeking a high-performing property with immediate returns. As an added option for future flexibility, an end user could choose to occupy one of the units down the line and take advantage of tenant-generated income to offset mortgage and tax expenses. However, the property’s current strength lies in its full occupancy and excellent income performance, making it a solid choice for any portfolio. With strong financials, recent upgrades, and a tenant base already in place, this is the kind of investment that rarely hits the market. Don’t miss out on this high-yield, fully-stabilized opportunity!

Listing Status:
Active
Listing Office:
Nationwide Houses LLC : 203-482-0102
MLS ID:
939474
  • General: First Floor BedroomFirst Floor Full Bath
  • A/C: Multi Units
  • Heating: ElectricSteam
  • Parking: DetachedParking spaces: 2
  • Originating MLS: onekey2
  • School District: Rockland
  • County: Sullivan County
  • Zoning: 4400-048-0-0010-017-001
  • Utilities: Electricity Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Nationwide Houses LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Livingston Manor Elementary School

19 School St, Livingston Manor, NY, 12758

Grades PK-6

0.47 miles away

L

Livingston Manor High School

19 School St, Livingston Manor, NY, 12758

Grades 7-12

0.48 miles away

L

Livingston Manor High School

19 School St, Livingston Manor, NY, 12758

Grades 7-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.