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148 -152 Clinton Street

Montgomery, NY 12549
  • $1,489,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 819755
UPDATED: 34 min ago
$1,489,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Information

Description

Prime Investment Opportunity Seller Ready to Make a Deal! Looking for a high-yield, turnkey investment? This is it! Generating over $155,000 in annual income with a strong 8.5% cap rate, this property is a standout in today's market. The sale includes two separate buildings: A well-maintained 6-unit building with spacious two-bedroom apartments A detached 4-bedroom, 1-bath single-family home With ample off-street parking for tenants and a location right in the heart of historic downtown Montgomery, your tenants will love being steps away from top-rated restaurants, boutiques, and everything the village has to offer. Don't miss your chance to own a solid income-producing asset in one of Orange County's most desirable locations!

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2025-04-26T10:18:21.287.
www.mwestates.com/homes/159950843
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148 -152 Clinton Street Montgomery, NY 12549

  • Price: $1,489,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 34 min ago
  • MLS #: 819755
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1920
Built
Neighborhood:
Montgomery
County:
Orange
Area:
Montgomery
Elementary School:
Montgomery Elementary School
High School:
Valley Central High School
School District:
Valley Central (Montgomery)
Property Description
Prime Investment Opportunity Seller Ready to Make a Deal! Looking for a high-yield, turnkey investment? This is it! Generating over $155,000 in annual income with a strong 8.5% cap rate, this property is a standout in today's market. The sale includes two separate buildings: A well-maintained 6-unit building with spacious two-bedroom apartments A detached 4-bedroom, 1-bath single-family home With ample off-street parking for tenants and a location right in the heart of historic downtown Montgomery, your tenants will love being steps away from top-rated restaurants, boutiques, and everything the village has to offer. Don't miss your chance to own a solid income-producing asset in one of Orange County's most desirable locations!
Exterior Features

Construction Materials Vinyl Siding Lot Features Near ShopsPaved Parking Features CommonDrivewayOff Street Property Attached YN No Stories Total 3 Waterfront YN No

Interior Features

Basement Details Unfinished Basement YN Yes Cooling None Elevator YN No Number Of Heating Zones 2

Property Features

Additional Fees YN No Annual Rental Income 155400 Building Area Total 8269 Electric Company Central Hudson Financial Year 2024 Fuel Expense 4800 Gross Income 155400 Heating BaseboardHot Air Insurance Expense 5100 Lot Size Area 8120 Net Operating Income 128256 Operating Expense 27144 Property Condition Updated/Remodeled Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Sprinkler System YN No Tax Annual Amount 15444 Tax Source Other Utilities Electricity ConnectedNatural Gas AvailableSewer ConnectedTrash Collection PublicWater Connected Village Montgomery Water Access YN No Water Sewer Expense 600 Water Source Public

Listing courtesy of Lawrence P. Curasi of Curasi Realty, Inc.: 845-457-9174
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2025-04-26T10:18:21.287.
 
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