1 Royce Avenue, Middletown, NY 10940

Property Description

Excellent investment opportunity in the heart of Middletown! This well-maintained, fully occupied two-family residence offers immediate cash flow with a total monthly income of $3,500. The first-floor unit features a comfortable 1-bedroom, 1-bathroom layout currently rented for $1,600, while the second-floor unit offers a spacious 2-bedroom, 1-bathroom configuration rented for $1,900. Strategically designed for low-maintenance ownership, the property boasts separate meters for gas and electric, ensuring tenants pay their own utilities, along with separate private entrances for each unit. A standout feature is the oversized, shared 4-car driveway providing ample off-street parking for all occupants. Situated on a desirable corner lot close to local amenities, schools, and commuter routes, this turn-key property owned by Musadiq Associates LLC is a solid addition to any portfolio. Offered at $480,000, this is a rare find in today's market.

Listing Status:

Active

Data Last Updated:

May 1, 2026 at 7:20AM

Listing Office:

Joseph Baratta Company Realty : 800-628-3119

MLS ID:

979190

Interior

• General: Entrance Foyer
• Basement: FullUnfinished
• A/C: Wall/Window Unit(s)
• Heating: Forced Air

Exterior

• Parking: Driveway

Location

• Originating MLS: onekey2
• County: Orange County

Lot

• Zoning: 330900-011-000-0005-002.000-0000

Utilities

• Utilities: Natural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2