Investor Alert! This 5-unit rental property in Middletown Boro presents an excellent investment opportunity. The property includes 2 vacant units currently undergoing upgrades, with the potential to increase rental income once completed. Additionally, the 5th unit is a rancher, which offers the buyer the option to live in the home while renting out the other units. The four connected units share a coin laundry facility, and tenants are responsible for snow removal. Renters of the rancher are also responsible for mowing the grass. With the upgrades underway and the opportunity for the buyer to reside in the rancher, this property offers a great chance for both immediate rental income and long-term growth.
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