106 Newport Bridge Rd - Multi-Family FOR SALE


Warwick, NY 10990
$1,400,000 USD
845-987-4206
106 Newport Bridge Rd, Warwick, NY for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/46
null | Request Cap Rate

106 Newport Bridge Rd
Warwick, NY 10990


OVERVIEW

5-Unit Multi-Family Portfolio (4-unit converted residence + separate SFH) in Warwick, NY – rare live-in + income opportunity. Key Details: - SFH (2BD/2BA, built ~2010) currently occupied rent-free by seller's family member; will be delivered vacant at closing. - Multi-family: 4 units (2x1BD, 2x2BD), renovated ~2010, individual utilities (propane/electric per unit, well water, two septic systems – multi-family septic ~2008-2009). - Strong rental history; two units month-to-month with turnover in spring for rent growth potential. - Total ~6,691 sq ft on 0.217 acres (tax records); 2005 survey shows larger area – attached in Data Room. Financials, current & projected P&L (showing current 3.89% cap & projected 6.52% stabilized cap), rent roll, survey, and virtual tour are in the Secure Data Room (Registration required for access). All showings coordinated directly through LA Giovanni Lasalandra (no ShowingTime). Proof of funds or pre-approval letter required prior to scheduling. Contact LA for complete package or to arrange private showing. Giovanni Lasalandra | BHG Real Estate Green Team

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$209 USD /SF

# OF UNITS

5

PRICE/UNIT

$280,000

CAP RATE

Request Cap Rate

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

335489-025-000-0001-004.000-0000

ASK ABOUT THIS PROPERTY

Giovanni LasalandraBetter Homes & Gardens Real Estate Green TeamMore Info
845-987-4206

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Giovanni LasalandraBetter Homes & Gardens Real Estate Green TeamMore Info
845-987-4206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.