Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Pets: | Pets No |
| Lot Size: | 0.17 Acres |
Financials
DescriptionExceptional opportunity to own a meticulously maintained, fully-occupied multi-use property in the heart of the Village of Washingtonville. This solid investment asset features 10 residential apartments and 2 street-level retail storefronts, all with stable long-term tenants and a history of consistent income.
Owned by the same family for over 40 years, this property has been cared for with pride and attention to detail—truly their “baby.” There is no deferred maintenance, ensuring peace of mind and low operational headaches for the next owner. Current income delivers a strong 7+% cap rate, with realistic upside potential to reach 8%+ through modest rent adjustments and enhanced retail lease terms.
Whether you're a seasoned investor or entering the multifamily space, this is a rare, turnkey asset in a desirable and growing Hudson Valley community.
Amenities- Cable Connected
- City Lot
- Cleared
- Electricity Connected
- Level
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Paved
- Phone Connected
- Sewer Connected
- Trash Collection Public
- Walk Up
- Water Connected
Exceptional opportunity to own a meticulously maintained, fully-occupied multi-use property in the heart of the Village of Washingtonville. This solid investment asset features 10 residential apartments and 2 street-level retail storefronts, all with stable long-term tenants and a history of consistent income. Owned by the same family for over 40 years, this property has been cared for with pride and attention to detail—truly their “baby.” There is no deferred maintenance, ensuring peace of mind and low operational headaches for the next owner. Current income delivers a strong 7+% cap rate, with realistic upside potential to reach 8%+ through modest rent adjustments and enhanced retail lease terms. Whether you're a seasoned investor or entering the multifamily space, this is a rare, turnkey asset in a desirable and growing Hudson Valley community.
- Cable Connected
- City Lot
- Cleared
- Electricity Connected
- Level
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Paved
- Phone Connected
- Sewer Connected
- Trash Collection Public
- Walk Up
- Water Connected
Exceptional opportunity to own a meticulously maintained, fully occupied multi use property in the heart of the Village of Washingtonville.
DescriptionExceptional opportunity to own a meticulously maintained, fully-occupied multi-use property in the heart of the Village of Washingtonville. This solid investment asset features 10 residential apartments and 2 street-level retail storefronts, all with stable long-term tenants and a history of consistent income.
Owned by the same family for over 40 years, this property has been cared for with pride and attention to detail—truly their “baby.” There is no deferred maintenance, ensuring peace of mind and low operational headaches for the next owner. Current income delivers a strong 7+% cap rate, with realistic upside potential to reach 8%+ through modest rent adjustments and enhanced retail lease terms.
Whether you're a seasoned investor or entering the multifamily space, this is a rare, turnkey asset in a desirable and growing Hudson Valley community.
Amenities- Cable Connected
- City Lot
- Cleared
- Electricity Connected
- Level
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Paved
- Phone Connected
- Sewer Connected
- Trash Collection Public
- Walk Up
- Water Connected
Exceptional opportunity to own a meticulously maintained, fully-occupied multi-use property in the heart of the Village of Washingtonville. This solid investment asset features 10 residential apartments and 2 street-level retail storefronts, all with stable long-term tenants and a history of consistent income. Owned by the same family for over 40 years, this property has been cared for with pride and attention to detail—truly their “baby.” There is no deferred maintenance, ensuring peace of mind and low operational headaches for the next owner. Current income delivers a strong 7+% cap rate, with realistic upside potential to reach 8%+ through modest rent adjustments and enhanced retail lease terms. Whether you're a seasoned investor or entering the multifamily space, this is a rare, turnkey asset in a desirable and growing Hudson Valley community.
- Cable Connected
- City Lot
- Cleared
- Electricity Connected
- Level
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Paved
- Phone Connected
- Sewer Connected
- Trash Collection Public
- Walk Up
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
