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Listed price in listed location currency (USD).
$949,000

840

MLS® 953231

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $16,778
Days Active 77
Lot Size 1.4 acres
Approx. Age 1951
MLS® Number 953231

Property Address: 5-7-9 Benedict Ln, New Windsor, NY, 12553-8632

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number953231
Laundry Level
Central VacNo
FireplaceNo
Acreage1.4
Exterior
GarageNo
Approx. Age1951
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 23, 2026List Date
$949,000List Price
  • Commute

Commute

Starting Address
Destination Address
9 Benedict Ln, New Windsor, NY

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