1 Royce Avenue

Middletown NY 10940

4636 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.