262-264 Cottage Street Middletown, NY $ 399,000
262-264 Cottage Street
$ 399,000
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262-264 Cottage Street

Middletown, NY, 10940
$ 399,000
Bedrooms5 Baths2.0 Sq 7,500

Monthly Estimate*

$ 2,457

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Multi-Family Home for sale in Middletown, NY

for $399,000 with 5 bedrooms and 2 full baths. This 7,500 square foot home was built in 1962 on a lot size of 0.1722.

Excellent PRIME INCOME opportunity to own 2 PARCELS and 3 SEPERATE STRUCTURES in a desirable Middletown location. Featuring a 2-bedroom house and a 3-bedroom house, both tenant-occupied, Additionally, the property includes a SUBSTANTIAL 1,684 Sq Ft GARAGE, offering significant potential for additional income or flexible use, subject to buyers diligence and legal use, further enhancing the overall investment value offering immediate cash flow and long-term appreciation potential. FRONT HOUSE: Enter into a bright, oversized living/sun room filled with natural light and flexible living space. The layout flows into a dining area and kitchen and a door to the back of the house, with stairs leading to two well-proportioned bedrooms and a full bathroom. An unfinished basement provides generous storage and future value-add possibilities. BACK HOUSE: Welcomes you into a comfortable eat-in kitchen, leading upstairs to a large family room, two spacious bedroom and full bathroom. The lower level includes an additional bedroom, offering added versatility for storage or extended use. Additional highlights include a garage with parking space or storage and upper level a room with a bathroom, , and a nice-sized driveway with ample parking. Separate utilities with 2 electric meters, 2 gas meters, and 2 heating units make this property ideal for investors focused on efficiency and scalability. Strong rental demand area, close to schools, shopping, and transportation. Perfect for investors seeking steady income now with the ability to increase rents and value over time. Don’t miss this income-generating opportunity!

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Multi-Family Active

Price

$ 399,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,795

Style

Cape Cod

Lot Size

0.1722

Year Built

1962

Town/City

Middletown

County/Region

Orange

MLS | Web ID

957932

Features
Interior
Interior Amenities First Floor Bedroom First Floor Full Bath Eat-in Kitchen Other
Basement Unfinished
Flooring Hardwood Tile
Basement Features Unfinished
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 5
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air Natural Gas Radiant Other
Cooling None
Utilities Trash Collection Public
Garage Spaces 1
Architectural Style Cape Cod
Construction Materials Other
Year Built 1962
Property Subtype Duplex
Tax Year 2025
Parcel Number 330900-009-000-0002-002.000-0000
County Orange County
Property Type Residential Income
Garage Y/N Y
Full Baths 2
High School Middletown High School
City Middletown
Senior Community Y/N N
High School District Middletown
Number Of Units Total 2
Carport Y/N N
Elementary School William A Carter School
Property Attached Y/N Y
Tax Annual Amount 6795.48
Middle/Junior High School Middletown Twin Towers Middle Sch
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Middletown
Elementary School District Middletown
Tax Assessed Value 39500
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Exterior
Parking Features Attached Driveway Garage Attached Driveway Garage
Water Source Public
Foundation Details Other
Spa N
Waterfront Y/N N
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Internal Only
Street Number 1 262
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* Excluded Features
List By
Avraham Z. Weinberger

Listing Agent

Keller Williams Valley Realty

Broker

Avraham@targetreteam.com

Email

Affordability Calculator

$3,023
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$566
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892603 Elementary School
4100242 Middle School
Middletown High School High School
Pricing History
DatePricePrice ChangeDescription
2/4/2026$399,000 Listed Price

Map


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262-264 Cottage Street, Middletown, NY, 10940 is a Multi-Family Home for sale at $399,000 with 7,500 sqft and a lot size of 0.1722. 262-264 Cottage Street has 5 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 10940 which is in Middletown, NY