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Two-Unit Duplex With Storage
For Sale
$395,000

23 Bonnell St, Middletown, NY 10940

Residential duplex with two apartments, varied bedroom layouts, and an additional storage building behind the home.

Property SizeContact for details
Days on Market11

Property Features for 23 Bonnell St

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,973
Listing Agency: Howard Hanna Rand Realty
Listed By: Mark J Tierney
Source: Exprealty
Added: Aug 6 Changed: Aug 14 Last Checked: Aug 15 at 11:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Rand Realty

Investment Insights

Based on property information with market context.

This duplex contains two residential apartments arranged across the first and second floors. The lower-level residence has three bedrooms, while the upper apartment has two bedrooms, providing distinct unit configurations within the property. An older storage building is located behind the home.

The property is situated in a low-traffic setting at 23 Bonnell St in Middletown, NY. The first-floor lease runs through July 2027, and the second-floor apartment is occupied on a month-to-month basis. Together, the two units offer an existing residential income configuration with different lease timelines.

Key Highlights

  • Two‑unit duplex with a three‑bedroom first‑floor apartment and a two‑bedroom second‑floor apartment
  • First‑floor lease continues until July 2027
  • Second‑floor apartment is leased month to month

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby

Demographics for 10940, NY

52,803
Population
19,930
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
63.1 sq mi
ZIP Area
837
Density / Sq Mi
$87,198
Median Household Income
$46,435
Median Earnings
$1,600
Median Rent
$301,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Residential duplex with two apartments, varied bedroom layouts, and an additional storage building behind the home.
Where is this duplex located?
The property is located at 23 Bonnell St Middletown, NY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑unit duplex with a three‑bedroom first‑floor apartment and a two‑bedroom second‑floor apartment; First‑floor lease continues until July 2027; Second‑floor apartment is leased month to month
More about this property
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