$460,000

156 Temple Hill Road, New Windsor, NY 12553

  • 7 beds |
  • 4 baths |
  • 2,870 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $160/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Looking for serious cash flow with room to grow? This fully leased 4-unit property with additional shed rental delivers an impressive ~9.5% cap rate right out of the gate. Rarely do opportunities like this hit the market in New Windsor, where rental demand continues to climb and quality investments are hard to come by. All tenants are month-to-month, providing immediate income with the flexibility to adjust rents or reposition the property. Utilities are covered by the landlord, keeping management straightforward while still producing steady returns. What makes this property truly special is its upside: it’s a blank canvas with the opportunity to make improvements, increase rents, and ultimately maximize value for top dollar. With reliable rental history and strong market fundamentals, this is a proven income producer today with clear potential for tomorrow. Located just minutes from shopping, dining, schools, and major commuter routes, 156 Temple Hill Road sits in a high-demand rental market. For investors looking for both cash flow and future appreciation, this one checks every box. Don’t miss your chance to secure a ~9.5% cap rate with immediate returns and long-term upside. Property to be sold as-is.

Listing Status:
Active
Listing Office:
RE/MAX Benchmark Realty Group : 845-565-0004
MLS ID:
902861
  • General: Eat-in Kitchen
  • Basement: Walk-Out Access
  • Flooring: Hardwood
  • A/C: Wall/Window Unit(s)
  • Heating: BaseboardOil

This listing courtesy of RE/MAX Benchmark Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vails Gate Steam Academy

400 Old Forge Hill Rd, New Windsor, NY, 12553

Grades KG-5

0.38 miles away

H

Heritage Middle School

405 Union Ave, New Windsor, NY, 12553

Grades 6-8

1.51 miles away

N

Newburgh Free Academy

201 Fullerton Ave, Newburgh, NY, 12550

Grades 9-12

3.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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