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Quadplex Portfolio with Garage Space
For Sale
$989,900

393 North Street, Middletown, NY 10940

Six occupied two-bedroom apartments are offered alongside billboard income and additional garage space.

Property SizeContact for details
Days on Market37

Property Features for 393 North Street

General Information

Standard status Active
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 6 x 2BR
Multifamily Units 6

Additional Details

Tenant in Place Yes

Building Details

Year Built 1903
Listing Agency: Neil Charles Real Estate
Listed By: Ann Stettner · License #10401201931
Source: Neilcharlesrealestate
Added: Sep 24 Changed: Oct 30 Last Checked: Oct 30 at 1:58AM

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 Neil Charles Real Estate

Rey
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Investment Insights

Based on property information with market context.

The portfolio includes a four-family residence, a two-family residence, and a separate parcel with income-producing billboards and a five-bay garage. All six apartments are occupied, and each has two bedrooms. A further five-bay garage sits behind the four-family home, bringing the combined garage total to 10 bays.

Both residential buildings have newer siding, and their roofs are less than a year old. Each apartment has its own furnace and hot water heater; tenants pay their own electric and gas. The portfolio combines apartment, garage, and billboard income in Middletown, New York.

Key Highlights

  • Six occupied apartments, each with two bedrooms
  • Three‑property portfolio includes four‑family and two‑family residences plus a separate parcel
  • 10 garage bays across two five‑bay garages

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

503
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Six occupied two-bedroom apartments are offered alongside billboard income and additional garage space.
Where is this quadplex located?
The property is located at 393 North Street Middletown, NY.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: Six occupied apartments, each with two bedrooms; Three‑property portfolio includes four‑family and two‑family residences plus a separate parcel; 10 garage bays across two five‑bay garages
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