
Courtesy of: Rodger B Moran, BENSON AGENCY REAL ESTATE LLC, rmoran@stny.rr.com
$259,900
|
4.00 Bath (4 Full)
|
|
Lot: 0.18 Acres
|
|
Other
|
$259,900
34-36 Cliff St Charming 4 unit investment property located 3 blocks to downtown! Classic front porch lines offer nice curb appeal. Plenty of off-street parking. Tenants pay all utilities. Solid cash flow flow opportunity. Double digit Return on Investment! Super opportunity. May be purchased with 4 family next door- 38-40 Cliff Street, a 10 bedroom fully occupied building. See MLS #R1687928. 34-36 Cliff St: Total rents: $37, 200 annually. Expenses: Taxes $4, 596, Water/Sewer $700, Insurance $1, 700, Trash $1, 200, snow $375, Maintenance and Vacancy at 5% of gross $2, 600. Total expenses $11, 171. NOI $26, 029. Mortgage cost $18, 600 ($259, 900, 20% down. 20 year amort, 6.25%), Net Income $7, 429 / $51, 980 (down payment) = 14.2% Return on Investment with below market rents. One year leases in place. Come take a look at this home offering generous square footage for each unit!
Courtesy of: Rodger B Moran, BENSON AGENCY REAL ESTATE LLC, rmoran@stny.rr.com
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.