HOUSE
Address: ‎9 Benedict Lane #5-7
Zip Code: 12553
3 fam, 8 bed, 4 bath
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$949,000
ID # 953231
English
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$949,000 - 9 Benedict Lane #5-7, New Windsor, NY 12553|ID # 953231

ID #‎ 953231
Details3 fam, 8 bed, 4 bath, Lot Size: 1.4 acres, 3 Units in the building
(DOM): 143 days
Construction Year1951
Taxes
(per year)
$16,778
Fuel TypeOil
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房屋英文概況 English Description

Income-producing multi-property asset offered at approximately an 8% cap rate with $75,900 NOI. This unique offering includes three separate residences on one 1.4 acre parcel, delivering multiple income streams and long-term upside potential. Ideal for investors seeking yield, value-add opportunity, or a hybrid owner-occupant strategy. 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 large lot provides room for outdoor use, future improvements, or added outdoor entertaining space depending on your long-term vision.

A rare opportunity to acquire a multi-structure investment property with immediate cash flow and future upside.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 eXp Realty. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of eXp Realty

公司: ‍888-276-0630




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$949,000
HOUSE
ID # 953231
‎9 Benedict Lane
New Windsor, NY 12553
3 fam, 8 bed, 4 bath


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