66 Ball Street, Port Jervis, NY 12771

$699,999

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List Price
$699,999
Status
ACTIVE
MLS#
1068400
Year Built
1931
Days on Market
1
Acres
0.16
County
Orange
City Orig
Port Jervis
Neighborhood
Port Jervis
Lot Size
6860

Property Description

Legal 6-Unit Multi-Family — Prime Port Jervis Investment An exceptional income-producing opportunity in the heart of downtown Port Jervis. This legal six-unit multi-family offers 5,992 sq ft of living space on a 6,860 sq ft lot, zoned CBD, with a proven rental history and immediate upside. The numbers: Unit mix of three 2-bedroom apartments, two studios, and one 1-bedroom — each with its own private entrance. The property has produced $9,700/month in gross rent ($116,400 annually) when fully leased at mostly below-market rents. Three units are currently vacant, giving an investor day-one value-add: lease up the vacancies and raise rents to market to significantly increase income. All this with remarkably low taxes of just $6,956/year. The property: Built 1931 with solid frame construction, natural gas heat, ductless cooling, public water and sewer, and an unfinished basement with room to grow. A standout feature rarely found in downtown multi-families: garage parking plus a large driveway with assigned parking for all six units. The location: Walkable downtown Port Jervis — shops, dining, and the Metro-North train station with service to New York City. Minutes to I-84 and Routes 6/97, the Delaware River, and the tri-state corner of New York, New Jersey, and Pennsylvania — a growing corridor drawing tenants and investors alike. Ideal for the investor seeking strong cash flow today with clear appreciation and rent-growth potential tomorrow. Schedule your private tour and see the numbers for yourself.

Additional Information

Heating
Natural Gas
Cooling
Ductless
Sewer
Shared
School District
Port Jervis
Sq Ft
6860
Taxes
$6,956
Parking
Assigned, Driveway, On Street
Parking Spaces
6
Water
Public

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Listing courtesy of Listing Agent: Zulleyma Alvarez (Zulley.Alvarez@compass.com) from Listing Office: Compass Greater NY, LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.