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Middletown NY, 10941 $1,799,999

Multi Family Commercial  

Property Picture
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Front of Structure Front of Structure Community Community Side of Structure Entry Other Entry Kitchen Kitchen Bedroom Bedroom Living Room Kitchen Other Bedroom Bedroom Living Room Living Room Other Bathroom Kitchen Living Room Other Laundry Bathroom Bathroom Bedroom Kitchen Other Other Other Other Bathroom Bedroom Community Other
 

Details ML#: 801176  

  • # of Families: 11
  • Sale or Rent:Sale
  • Year Built: 1850
  • Taxes: $12,136
  • Status:Active

Description

Step into history with this beautifully restored 1860 Farmhouse, potentially a 5-family income-producing gem. Completely renovated in December 2023, this farmhouse consists of four apartments that boast stunning millwork throughout and a harmonious blend of modern and classic finishes. Each unit offers high-end details such as luxurious composite flooring with butcher block countertops in the downstairs apartments, while the upstairs units feature granite and quartz countertops and tile flooring. Spanning 4, 112sf on over a half an acre, the property provides ample space and charm. Designed for maximum income potential, two units are set up for traditional rentals, while the other two are optimized for short-to mid-term stays, making it ideal for Airbnb or other rental platforms. All four units have fireplaces, walk-in closets in the primary bedrooms, gas stoves, refrigerators, washer/dryers. Dishwashers in the upstairs units only. Storage in basement for all tenants to use. Additional features include a Barn, approx. 2, 644sf with six garages that are all climate controlled, all income-producing. Above the barn is the 5th rental unit with loft ready for you to complete for the ability to get that additional income. Modern amenities include a security camera system and sprinkler system. For recreational purposes, there is a tennis court, pickle ball court, and playground across the street adding to its appeal for tenants and guests. In total, the property features 11 income-producing units. This is an incredible opportunity for investors or those seeking a blend of historic charm and modern functionality. Don’t miss the chance to own this versatile and profitable property! Ample parking! Centrally located, and close to major highways, endless shopping & restaurants, great wineries in the heart of the Hudson Valley. Municipal Water & Sewer! You will not be disappointed!

More Property Details

Property Features

Lot Size: 0.6474   Lot Sq Ft: 28202   Parking Spaces: Yes   Parking Spaces: 7   Parking Facilities: Driveway, Garage, Garage Door Opener, Heated Garage, Off Street, Parking Lot, Storage   Stories: 2  

Appliances & Utilities

Heat: ENERGY STAR Qualified Equipment, Forced Air   A/C: Central Air   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $12,136  

Local Area Information

School District: Pine Bush   Zoning: R2   Block: 17   Lot: 1  

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