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Listed price in listed location currency (USD).
$899,000

840

MLS® 1026800

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $16,778
Days Active 0
Lot Size 1.4 Acres
Approx. Age 1951
MLS® Number 1026800

Property Address: 5-7-9 Benedict Ln, New Windsor, NY, 12553-8632

Average square foot calculated using Size range provided by listing agent.

Description

Income-producing multi-property asset offered at approximately an 8% cap rate with $75, 900 NOI. This unique offering includes three separate residences on one 1.4 acre parcel, delivering multiple income streams and long-term upside potential. Ideal for investors seeking yield, value-add opportunity, or a hybrid owner-occupant strategy. Located across the street from Cornwall High School and near train service, shopping, and schools, the location supports steady rental demand. This property generates a gross annual rental income of $96, 300. Annual operating expenses, including taxes, insurance, and lawn care, total $20, 400, resulting in a net annual operating income of $75, 900. Buyers looking for an income-producing property with strong numbers will recognize the value of a multi-home setup that delivers consistent cash flow with limited expense categories. Each home functions independently, allowing for flexible strategies such as renting all three, living in one while leasing the others (one house will be delivered vacant), or repositioning over time. The large lot provides room for outdoor use, future improvements, or added outdoor entertaining space depending on your long-term vision. A rare opportunity to acquire a multi-structure investment property with immediate cash flow and future upside.
MLS® Number1026800
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1951
Basement
DrivewayDriveway
Garage Spaces
HeatBaseboard, Oil, Propane
A/CNone

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

173 days

Today, For Sale for $899,000

For Sale · 0 days

$899,000

MLS® 1026800

3 hours ago

Not Sold Yet

July 2026, For Sale for $899,000

For Sale · 0 days

$899,000

MLS® 1026800

3 hours ago

Not Sold Yet

January 2026, For Sale for $949,000

For Sale · 173 days

$949,000

MLS® 953231

6 months ago

Not Sold Yet

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