Cash flow dream boat! Exceptionally well organized, well maintained, and high performing investment property. 8 Central Ave is a charming two-unit, 9 bedroom home on a quiet block steps from the Mt St Mary’s campus– and it is also an investor’s dream. The current owner is a true professional who has perfected the art of responsible, respectful, hands-free student housing. Tidy and conscientious student roommates have pre-leased tenancies through 2024, a handyman is on call, the students pay via electronic direct deposit– the balance of the universe has been restored! Seller is willing to pass all systems to new owner, including handyman contact and Mt St Marys alumnus leasing agent. Proforma and detailed financials are available for review–over 76k in rental income this year, and that’s not a typo!

Date Added: 4/1/22 at 4:00 am
Last Update: 6/1/22 at 3:14 pm

Interior

  • A/CNone
  • HeatingNatural Gas, Hot Water

Exterior

  • ParkingOn Street

Utilities

  • WaterPublic
  • SewerPublic Sewer

Schools

  • DistrictNewburgh City School District

Map