9 Benedict Lane #5-7, New Windsor, NY 12553
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
9 Benedict Lane #5-7,New Windsor, NY 12553
$949,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: virginia corbett
Office: exp realty
MLS#:953231
Source:OneKey MLS
Price summary
- Price:$949,000
About this home
Offered at $999,900, this legacy investment property in New Windsor within the Cornwall School District includes three separate single-family homes on approximately 1.4 acres. For buyers searching for a multi-home investment property in Orange County, this offers a rare setup with multiple income streams on one parcel. 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 1.4-acre lot provides room for outdoor use, future improvements, or added outdoor entertaining space depending on your long-term vision. Buyers must use cash or a renovation loan....
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Home facts
- Year built:1951
- Listing ID #:953231
- Added:62 day(s) ago
- Updated:March 27, 2026 at 02:12 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Dining Description:Eat-In Kitchen
- Kitchen Description:Eat-in Kitchen
- Bedroom Description:First Floor Bedroom
Heating and cooling
- Heating:Baseboard, Oil, Propane
Structure and exterior
- Year built:1951
- Lot area:1.4 Acres
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$949,000
- Tax amount:$16,778 (2025)
Parking
- Parking description:Driveway
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