BEDS4
BATHS2 full
MLS#1038837
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBuilder???s Tract???Multifamily Development Potential
SCHOOLSuffern
Property Description
16 Clinton Place - Excellent Investment Opportunity! Spacious 4-bedroom, 2-bath Victorian with approximately 2,628 sq. ft., a full basement, and detached garage. Current rents are $1,900/month for Unit 1 and $1,850/month for Unit 2, while current market rents are estimated at approximately $2,200/month for each unit, offering strong upside potential. Currently at only a 4.10% cap rate, with the potential to increase to approximately a 6.5% cap rate through rent growth. Offered exclusively as part of an 8-property assemblage sold as one package. Rare investment/development opportunity-place your offer today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Varies by Unit, Wall/Window Unit(s)
Garage: 2
Heating: Electric, Hot Water
Home Style: Victorian
Lot Size: 0.28 Acres
Taxes: $17,278
Year Built: 1990
Amenities
First Floor Bedroom
First Floor Full Bath
Feature Descriptions
Association Amenities: None
Attic: Full
Building Area Total: 2628
Cap Rate: 4
Community Features: Sidewalks
Days on Site: 7
Exterior: Wood Siding
Fencing: None
Fuel Expense: 0
GarageY/N: Yes
Heating Units: 2
Heating Zones: 2
Included In Taxes: Sewer, Trash, Water
Lot Dimensions: 75 ft × 160 ft
Lot Features: Back Yard, Front Yard, Landscaped, Near Public Transit, Near School
On Market Date: 2026-08-25
Other Structures: Garage(s)
Parcel Number: 392607.054.044-0001-004.000/0000
Parking Features: Detached
Parking Total: 2
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Security Features: Other, Smoke Detector(s)
Seller Concession: Yes
Separate Electric Meters: 2
Separate Gas Meters: 0
Sewer: Public Sewer
Special View Info: Neighborhood
Tenant Pays: All Utilities
Trash Expense: 0
Units: 2
Utilities: Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Window Features: Shutters, Triple Pane Windows
Local Schools
High School: Suffern Senior High School
Middle School: Suffern Middle School
Elementary School: Richard P Connor Elementary School
School District: Suffern
Estimate Your Payment
Estimated Payment
$ 4,643.41 per month $3,028.87 Principal & Interest $1,439.83 Property Tax $174.71 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: MS Realty Group USA, Inc
Agency Phone: 845-367-7470
Shown By
Agent Name: Laura Johanson
Agent Phone: (631) 974-6867
Agency Title: Coldwell Banker American Homes
16 Clinton Place | MLS# 1038837
This multi-family property located at 16 Clinton Place, Suffern, NY 10901 is currently listed for sale with an asking price of $599,000. Clinton Place is located within the Suffern school district. Search Suffern real estate on laurajohanson.cbamhomes.com today.