Wow House: Five-Family Pearl River Home Is A Great Investment

Address: 515 Blauvelt Road, Pearl River

Asking Price: $1,250,000

9 beds

7 full, 1 half baths

1,935 sq ft

2.2 acres lot

The Realtor's description at realtor.com:

This great investment property is situated on 2.2 acres. The annual rent roll is $104,400 with $38,323 operating expenses. There are two buildings, with a total of five family dwellings that consists of first floor two- bedroom apartment with living room, dining room, kitchen, bath and washer/dryer; second floor has two one-bedroom apartments with living room and kitchen and third floor two studios with kitchens.

The two-family dwelling consists of a first floor apartment with three bedrooms, living room, dining room, kitchen, fireplace, 1.5 baths and washer/dryer. The second floor apartment is two bedrooms, living room, kitchen and bath. Tenants pay heat and electric. All apartments have been renovated recently. Well, pump and motor are brand new. All apartments are fully rented. Plenty of parking. Double garage. Close to town,
shopping and transportation.

This listing originally appeared on realtor.com.

For more information and photos, click here.

All photos courtesy realtor.com