$999,000

9 Benedict Lane 5-7, New Windsor, NY 12553

  • 8 beds |
  • 4 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon1.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Offered at $999,900, this legacy investment property in New Windsor within the Cornwall School District includes three separate single-family homes on approximately 1.4 acres. For buyers searching for a multi-home investment property in Orange County, this offers a rare setup with multiple income streams on one parcel. Located across the street from Cornwall High School and near train service, shopping, and schools, the location supports steady rental demand. This property generates a gross annual rental income of $96,300. Annual operating expenses, including taxes, insurance, and lawn care, total $20,400, resulting in a net annual operating income of $75,900. Buyers looking for an income-producing property with strong numbers will recognize the value of a multi-home setup that delivers consistent cash flow with limited expense categories. Each home functions independently, allowing for flexible strategies such as renting all three, living in one while leasing the others (one house will be delivered vacant), or repositioning over time. The 1.4-acre lot provides room for outdoor use, future improvements, or added outdoor entertaining space depending on your long-term vision. Buyers must use cash or a renovation loan.

Listing Status:
Active
Data Last Updated:
February 7, 2026 at 7:20AM
Listing Office:
eXp Realty : 888-276-0630
MLS ID:
953231
  • General: First Floor BedroomEat-in Kitchen
  • A/C: None
  • Heating: BaseboardOilPropane
  • Other Structures: Shed(s)
  • Parking: Driveway
  • Originating MLS: onekey2
  • School District: Cornwall
  • County: Orange County
  • Zoning: 332489-005-000-0001-007.000-0000
  • Utilities: Trash Collection Private
  • Water: Well
  • Sewer: Septic Tank
  • Source: onekey2

Presented by Veterans United Realty

This listing courtesy of eXp Realty

Monthly Payment

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

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Location

Schools Nearby

W

Willow Avenue Elementary School

67 Willow Ave, Cornwall, NY, 12518

Grades KG-4

1.99 miles away

C

Cornwall Middle School

122 Main St, Cornwall, NY, 12518

Grades 5-8

2.25 miles away

C

Cornwall Central High School

10 Dragon Dr, New Windsor, NY, 12553

Grades 9-12

0.31 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.