30 Crescent PL Middletown, NY 10940
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 1046390
Bedrooms 4
Full Baths 2
Rental Info No
Year Built 1900
Annual Tax Amount $5,038
Lot Size 4,051 Sqft
Acres 0.093
Property Sub-Type Duplex
Source onekey2
Property Description
Exceptional Cash Flow & High Rental ROI: Configured as a legal, high-demand multi-family property, it commands strong aggregate market rents that deliver an outstanding capitalization rate and cash-on-cash return well above regional single-family averages.
100% Expense Coverage ("Free Living" or Positive Cash Flow): The dual-unit income easily covers the full PITI (principal, interest, property taxes, and insurance) alongside standard maintenance and utility reserves. For an investor, it generates immediate net passive income; for an owner-occupant (house-hacking), the secondary unit subsidizes the mortgage completely, allowing for virtually cost-free living.
Strategic, Commuter-Friendly Location: Centrally situated in the heart of Middletown, offering immediate access to Route 17, Interstate 84, Garnet Health Medical Center, SUNY Orange, and Touro College of Osteopathic Medicine. It is also just minutes from the Metro-North commuter rail station and Coach USA bus routes to NYC.
Low Vacancy Risk & Sustained Tenant Demand: Orange County's expanding healthcare, logistics, and higher education sectors drive continuous, year-round rental demand, ensuring fast turnover and reliable occupancy.
Built-in Long-Term Appreciation & Value-Add Potential: Multi-family properties in established Hudson Valley submarkets benefit from consistent capital appreciation, inflation-hedging rent growth, and attractive depreciation tax benefits.
Location
State NY
County Orange County
Rooms
Basement Partial
Interior
Interior Features First Floor Bedroom
Heating Natural Gas, Radiant
Cooling None
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 2.0
Utilities Available Electricity Available, Natural Gas Available, Trash Collection Public, Water Available
Total Parking Spaces 5
Garage true
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Maple Hill Elementary School
Middle Schools Middletown Twin Towers Middle Sch
High Schools Middletown
School District Middletown
Others
Senior Community No
Special Listing Condition None
Nearby Locations
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