Commercial For Sale: USA New York Cornwall 57-58 Highland Ave
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$5,600,000 USD

57-58 Highland Ave
Cornwall, New York 12518
USA
2,550.384 m2 :: 27,453 sqft
Commercial for Sale, Multi-Family Home
Sale price per sqm: 2,195.68
Tax: 113,456 USD
CENTURY 21 Alliance Realty Group
1136 Route 9 Suite U-1 Hampton Business Center
Wappingers Falls, New York 12590, United States
Phone: 8452974700

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Remarks:

Here’s an opportunity to own a substantial 8-building residential portfolio with a total of 33 units, offering scale, established income, and meaningful upside potential. Many of the units have been updated within the past 10 years, creating a solid foundation for an investor looking to acquire a property with improvements already in place. With multiple buildings and a diverse mix of units, this property offers the advantages of scale while providing multiple income streams under one ownership. Perhaps the most exciting aspect is the income upside. Current rents provide an established revenue base, while the opportunity to increase rents and continue maximizing the property’s potential could create additional value over time. For an investor looking beyond today’s numbers and focused on future growth, this is a property worth exploring. With 33 residential units across 8 buildings, with water/sewer and tenant paid utilities, this portfolio presents an opportunity to expand an existing investment portfolio or make a significant move into multifamily ownership. Strong fundamentals, improvements already made, multiple income streams, and room to increase revenue, this is an investment opportunity with both stability and potential. Come take a closer look and discover what this portfolio could mean for your next investment.

Features:

  • Year Built: 1960
  • Utilities: City Water, Public Sewer
  • Heating System: Gas

Location:

57-58 Highland Ave, Cornwall, New York 12518, USA
Listed By CENTURY 21 Alliance Realty Group

The Commercial for Sale, Multi-Family Home located at 57-58 Highland Ave, Cornwall, New York 12518, USA is currently for sale. 57-58 Highland Ave, Cornwall, New York 12518, USA is listed for $5,600,000 USD. This property has 27,453 sqft. If the property located at 57-58 Highland Ave, Cornwall, New York 12518, USA isn't what you're looking for, search New York Real Estate to see other Commercial For Sale in Cornwall.

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