Each unit boasts two spacious bedrooms and a well-appointed bathroom. Both units are currently fully rented, ensuring immediate rental income for the new owner. The property offers driveway parking, allowing tenants the convenience of off-street parking for their vehicles. Tenants share access to the back yard. The property benefits from long-term tenants, fostering stability and consistent rental income. With a remarkable 7.5% return on investment (ROI), this property presents an attractive investment opportunity that promises a healthy financial performance with an upside on the rental income and future property value. This property is part of a 3 building portfolio which can be sold together!
Features
4 bedrooms
2 bathrooms
directions_car4 carspaces
directions_car1 garage space
2016 sq. ft. floor area
crop_free4434 sq. ft. lot size
cottageMulti-Family
Property history for 18 Chestnut St
2024
Rented
Undisclosed
14 May 2024 by Howard Hanna Rand Realty
Happy sellers in Middletown
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Local market activity for 4 bedroom multi families in Middletown
Sold
For Sale
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