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Property Description

Exceptional Fully-Occupied Multi-Family – High 9%+ Cap Rate | Turnkey Investment

Incredible opportunity to own a fully occupied, income-producing multi-family property that has been recently renovated and is delivering strong, stable returns from day one. This turnkey building offers an impressive cap rate of over 9%, making it a standout investment in today’s market.

The property features updated units, solid tenancy, and reliable rental income with zero vacancy, ensuring steady cash flow and minimal management headaches. All major improvements have already been completed, giving investors the peace of mind that comes with a well-maintained asset.

This building is ideal for investors seeking a high-performing property with immediate returns. As an added option for future flexibility, an end user could choose to occupy one of the units down the line and take advantage of tenant-generated income to offset mortgage and tax expenses. However, the property’s current strength lies in its full occupancy and excellent income performance, making it a solid choice for any portfolio.

With strong financials, recent upgrades, and a tenant base already in place, this is the kind of investment that rarely hits the market.

Don’t miss out on this high-yield, fully-stabilized opportunity!

Features
Heating System:
Electric, Steam
Cooling System:
Multi Units
Interior Features:
First Floor Bedroom, First Floor Full Bath
Parking Features:
Detached
Sewer:
Public Sewer
Utilities:
Electricity Connected
Address Map
City:
Rockland
State:
NY
County:
Sullivan County
Property and Construction
Development Status:
Frame
Elementary School:
Rockland Elementary School
High School:
Rockland Middle/High School
Agent MlsId:
55345
Office MlsId:
NWHOMS
MiddleOrJunior School:
Rockland Middle/High School
Number Of Units:
2
Special Listing Conditions:
No
Tax Annual Amount:
$5,155
Water Source:
Public
PhotosCount:
31

Residential Income For Sale

15 Brown Street, Rockland, NY

7 Bedrooms
4 Bathrooms
$539,000
Listing ID #939474
Basic Details
Property Type :
Residential Income
Property SubType :
Quadruplex
Listing ID :
939474
Price :
$539,000
Bedrooms :
7
Bathrooms :
4
Bathrooms Total :
4
Building Area :
3,708 Sqft
Year Built :
1950
Status :
Active
Status :
Active
Listing Office :
Nationwide Houses LLC
Listing Agent :
Shlome Knobloch
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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