Looking for serious cash flow with room to grow? This fully leased 4-unit property with additional shed rental delivers an impressive ~9.5% cap rate right out of the gate. Rarely do opportunities like this hit the market in New Windsor, where rental demand continues to climb and quality investments are hard to come by.
All tenants are month-to-month, providing immediate income with the flexibility to adjust rents or reposition the property. Utilities are covered by the landlord, keeping management straightforward while still producing steady returns.
What makes this property truly special is its upside: it’s a blank canvas with the opportunity to make improvements, increase rents, and ultimately maximize value for top dollar. With reliable rental history and strong market fundamentals, this is a proven income producer today with clear potential for tomorrow.
Located just minutes from shopping, dining, schools, and major commuter routes, 156 Temple Hill Road sits in a high-demand rental market. For investors looking for both cash flow and future appreciation, this one checks every box.
Don’t miss your chance to secure a ~9.5% cap rate with immediate returns and long-term upside.
Property to be sold as-is and occupied.
2,870 Sq Ft
0.4413 Private Acres Exterior Space
Investment
$9,800 Annual Tax
Built in 1950
MLS/Listing ID 902861
4 Units
Construction - Vinyl Siding
Cooling - Wall/window unit(s)
Hardwood
Heating - Baseboard
Heating - Oil
Eat-in Kitchen
Construction - Brick
Listing Courtesy of RE/MAX BENCHMARK REALTY GROUP, JAKE M. PONESSI - 845-565-0004
Source of Data: ONEKEY MLS