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$ 2,555,000
Est. payment /mo
Active
104 North ST Middletown, NY 10940
7,396 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 947750
Rental Info No
Year Built 1900
Annual Tax Amount $23,515
Lot Size 7,396 Sqft
Acres 0.1698
Property Sub-Type Multi Family
Source onekey2
Property 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.
Location
State NY
County Orange County
Rooms
Basement Full
Interior
Heating Electric, Heat Pump, Natural Gas
Cooling Ductless
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Special Listing Condition None
Listed by Keller Williams Hudson Valley • Jonathon Z. Lee
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