1 Royal Acres Drive, Middletown, NY, 10940
1945
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.
Status:
Active
Type:
Commercial
Units:
7
Heating:
Propane
Cooling:
None
Levels:
2
Acreage:
36
Est. Taxes:
$17,258
Assessment
$305,000
Construction
Frame
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected
Waterfront:
Yes
Elementary School:
Otisville Elementary School
Middle School:
Minisink Valley Middle School
High School:
Minisink Valley High School
School District:
Minisink Valley
Days on Market:
2
MLS #:
839738
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Keller Williams Hudson Valley 845-610-6065