Grady Johnson
BEDS7
BATHS4 full
MLS#939474
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRockland
Property Description
Exceptional Fully-Occupied Multi-Family - High 9%+ Cap Rate | Turnkey InvestmentIncredible 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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Multi Units
Heating: Electric, Steam
Lot Size: 0.33 Acres
Taxes: $5,155
Year Built: 1950
Amenities
First Floor Bedroom
First Floor Full Bath
Feature Descriptions
Building Area Total: 3708
Days on Site: 169
Exterior: Frame
On Market Date: 2025-12-01
Parcel Number: 4400-048-0-0010-017-001
Parking Features: Detached
Parking Total: 2
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected
Water: Public
Local Schools
High School: Rockland Middle/High School
Middle School: Rockland Middle/High School
Elementary School: Rockland Elementary School
School District: Rockland
Estimate Your Payment
Estimated Payment
$ 3,312.27 per month $2,725.48 Principal & Interest $429.58 Property Tax $157.21 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Nationwide Houses LLC
Agency Phone: 203-482-0102
Shown By
Agent Name: Grady Johnson
Agent Phone: (917) 455-6383 Cell
Agency Title: Coldwell Banker American Homes
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15 Brown Street | MLS# 939474
This multi-family property located at 15 Brown Street, Livingston Manor, NY 12758 is currently listed for sale with an asking price of $539,000. Brown Street is located within the Rockland school district. Search Livingston Manor real estate on gradyjohnson.cbamhomes.com today.