Middletown, NY 10940

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$550,000
Annual Taxes:$10,307
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of KW Hudson Valley United

Excellent mixed use investment opportunity !

Description

Excellent mixed-use investment opportunity! Conveniently located on a high-visibility corner at a traffic light, this property features a 1,919 sq. ft. commercial storefront on the first floor and two newly renovated 2-bedroom apartments on the second floor totaling approximately 1,727 sq. ft. Each residential unit offers 2 bedrooms, a full bath, a kitchen, and a spacious living room. The commercial space is well suited for a hair salon, barbershop, skincare or beauty spa, nail salon, or other personal care and wellness services (subject to municipal approvals). All three units have been updated and are move-in/rent-ready. With strong rental demand in the area, this property presents an excellent opportunity for investors or owner-occupants seeking an income-producing property. Additional features include storage, a detached one-car garage, and driveway parking as well as on-street parking.

Amenities

  • Corner Lot
  • Level
  • Near Public Transit
  • Near School
  • Near Shops
  • Park
  • Trash Collection Public

Long Island MLS

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.