Investor alert! This 5-unit multi-family property in the Village of Newark Valley offers solid income potential with a total monthly rental income of $4,830 and an estimated net operating income (NOI) of approximately $52,956 annually. The building features a mix of two- and three-bedroom units, all currently rented, providing strong cash flow from day one. While the property could benefit from some cosmetic updates and general maintenance, it offers a great foundation for future value growth and higher returns! Conveniently located near local amenities. A rare opportunity to acquire a fully rented, income-generating property—perfect for both new and seasoned investors!
For sale
Price cut: $9.9K (11/12)
$190,000
36 S Main St, Newark Valley, NY 13811
12beds
5,904sqft
Multi Family, Apartment
Built in 1965
-- sqft lot
$-- Zestimate®
$32/sqft
$-- HOA
What's special
- 58 days |
- 442 |
- 30 |
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