9 Benedict Ln 5-7, New Windsor, NY 12553
- Beds
- 8
- Baths
- 4
Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
Income-producing multi-property asset offered at approximately an 8% cap rate with $75,900 NOI. This unique offering includes three separate residences on one 1.4 acre parcel, delivering multiple income streams and long-term upside potential. Ideal for investors seeking yield, value-add opportunity, or a hybrid owner-occupant strategy. 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 large lot provides room for outdoor use, future improvements, or added outdoor entertaining space depending on your long-term vision.
A rare opportunity to acquire a multi-structure investment property with immediate cash flow and future upside.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 8
- Number of bathrooms
- 4
- Lot size (acres)
- 1.40
- Year built
- 1951
Utilities
- Heating
- Propane, Oil, Baseboard
- Cooling
- None
- Sewer
- Septic System
- Water
- Well
Taxes
- Tax Annual Amount (2025)
- $16,777.58
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Onekey MLS MLS®#: 1026800 Last checked: …

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved