$1,299,000

1 Royal Acres Drive , Middletown, NY 10940

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:7,523 sqft
Lot:36
Year Built:1945
Listing Status:Active

Listing Agent

Jonathon Z Lee
https://kwhudsonvalley.kw.com/
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Description

One-of-a-kind 7-building residential rental property with 36 acres of land in the town of Mount Hope for sale. All 7 buildings have been updated, and some are still undergoing further renovations. Some of the units were used intermittently for Airbnb, while others have been rented out permanently as yearly rental units. The main house is 2,152 square feet with at least 2-3 bedrooms. Unit 2 is 1,772 square feet with 2 bedrooms. The remaining units are all 1-bedroom units. The annual income is $138,000 based on yearly rentals, with significantly higher earnings through Airbnb rentals. There is a pond and a large, old barn on the property. The rear of the property offers plenty of land that can be utilized. The surrounding area consists of single-family residential properties. This property is grandfathered as a residential-commercial property. It is located in a quiet and desirable MiniSink School District, not far from shopping and highways.

Detailed Items

Other Information

1 Royal Acres Drive, Middletown, NY, 10940 is a commercial sale listing of 7,523 sqft on a lot of 36. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1 Royal Acres Drive, Middletown, NY
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