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262-264 Cottage Street, Middletown, NY 10940

$399,000
  • 262-264 Cottage Street, Middletown, NY 10940 Main Photo

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Pending
BEDS5 BATHS2 full MLS#957932
STATUSPending PROPERTY TYPEMulti Unit - Multiple SCHOOLMiddletown

Property Description

Excellent PRIME INCOME opportunity to own 2 PARCELS and 3 SEPERATE STRUCTURES in a desirable Middletown location. Featuring a 2-bedroom house and a 3-bedroom house, both tenant-occupied, Additionally, the property includes a SUBSTANTIAL 1,684 Sq Ft GARAGE, offering significant potential for additional income or flexible use, subject to buyers diligence and legal use, further enhancing the overall investment value offering immediate cash flow and long-term appreciation potential.FRONT HOUSE: Enter into a bright, oversized living/sun room filled with natural light and flexible living space. The layout flows into a dining area and kitchen and a door to the back of the house, with stairs leading to two well-proportioned bedrooms and a full bathroom. An unfinished basement provides generous storage and future value-add possibilities.BACK HOUSE: Welcomes you into a comfortable eat-in kitchen, leading upstairs to a large family room, two spacious bedroom and full bathroom. The lower level includes an additional bedroom, offering added versatility for storage or extended use.Additional highlights include a garage with parking space or storage and upper level a room with a bathroom, , and a nice-sized driveway with ample parking. Separate utilities with 2 electric meters, 2 gas meters, and 2 heating units make this property ideal for investors focused on efficiency and scalability.Strong rental demand area, close to schools, shopping, and transportation. Perfect for investors seeking steady income now with the ability to increase rents and value over time. Don't miss this income-generating opportunity!

262-264 Cottage Street | MLS# 957932

This multi-family property located at 262-264 Cottage Street, Middletown, NY 10940 is currently listed for sale with an asking price of $399,000. 262-264 Cottage Street is located within the Middletown school district. Search Middletown real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Garage: 1
Heating: Forced Air, Natural Gas, Radiant, Other
Home Style: Cape Cod
Lot Size: 0.17 Acres
Taxes: $6,795
Year Built: 1962

Amenities

First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Other

Feature Descriptions

Days on Site: 71
Exterior: Other
Flooring: Hardwood, Tile
GarageY/N: Yes
Heating Units: 2
On Market Date: 2026-02-04
Parcel Number: 330900-009-000-0002-002.000-0000
Parking Features: Attached, Driveway, Garage
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Trash Collection Public
Water: Public

Local Schools

High School: Middletown High School
Middle School: Middletown Twin Towers Middle Sch
Elementary School: William A Carter School
School District: Middletown

Listed By / Shown By

Listing By

Agency Name: Keller Williams Valley Realty
Agency Phone: 201-391-2500

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 1,570.63 per month $888.00 Principal & Interest $566.25 Property Tax $116.38 Homeowner's Insurance

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