Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Pets: | Unknown |
| Lot Size: | 0.17 Acres |
Financials
Listing Courtesy of Keller Williams Hudson Valley
Completely updated 8 apartment, 3 retail unit mixed use building located next to the bus terminal to NYC in downtown Middletown is for sale.
- View of building exterior
- Property entrance with french doors and brick siding
- Reception area with an inviting chandelier and french doors
- Reception area with an inviting chandelier and french doors
- 5
- 6
- 7
- Entrance to property featuring brick siding
- View of reception area
- Dining space featuring a wall unit AC, wood finished floors, and rail lighting
- Full bathroom with wood finish floors, tiled shower, vanity, and toilet
- Full bathroom with wood finish floors, tiled shower, vanity, and toilet
- View of living area
- View of living area
- Stairway with baseboards
- Stairway with baseboards
- Corridor featuring dark wood-type flooring and baseboards
- Spare room with recessed lighting, baseboards, and wood finished floors
- Kitchen featuring white cabinets, open floor plan, freestanding refrigerator, light countertops, and light wood-type flooring
- Kitchen featuring white cabinets, open floor plan, freestanding refrigerator, light countertops, and light wood-type flooring
Description
Completely updated 8-apartment, 3-retail-unit mixed-use building located next to the bus terminal to NYC in downtown Middletown is for sale. The building underwent a full renovation at the end of 2022, including all-new electrical systems, plumbing, kitchens, apartments, and retail spaces. The entire building complies with current fire codes, featuring sprinklers and fire alarms. All units are fully rented and require minimal maintenance. The building is situated at the intersection of North St and Railroad St, in the heart of downtown Middletown, within walking distance of restaurants, supermarkets, shops, City Hall, and the soon-to-be-completed Heritage Trail extension. The property generates solid income with a 7% cap rate, and the location is outstanding.
Amenities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Trash Collection Public
- 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.
