Property Description

Legal 6-Unit Multi-Family - Prime Port Jervis InvestmentAn exceptional income-producing opportunity in the heart of downtown Port Jervis. This legal six-unit multi-family offers 5,992 sq ft of living space on a 6,860 sq ft lot, zoned CBD, with a proven rental history and immediate upside.The numbers: Unit mix of three 2-bedroom apartments, two studios, and one 1-bedroom - each with its own private entrance. The property has produced $9,700/month in gross rent ($116,400 annually) when fully leased at mostly below-market rents. Three units are currently vacant, giving an investor day-one value-add: lease up the vacancies and raise rents to market to significantly increase income. All this with remarkably low taxes of just $6,956/year.The property: Built 1931 with solid frame construction, natural gas heat, ductless cooling, public water and sewer, and an unfinished basement with room to grow. A standout feature rarely found in downtown multi-families: garage parking plus a large driveway with assigned parking for all six units.The location: Walkable downtown Port Jervis - shops, dining, and the Metro-North train station with service to New York City. Minutes to I-84 and Routes 6/97, the Delaware River, and the tri-state corner of New York, New Jersey, and Pennsylvania - a growing corridor drawing tenants and investors alike.Ideal for the investor seeking strong cash flow today with clear appreciation and rent-growth potential tomorrow. Schedule your private tour and see the numbers for yourself.

Property Features

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