36 Wallkill Avenue, Middletown, NY 10940

$550,000

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List Price
$550,000
Status
ACTIVE
Days on Market
29
MLS#
1020113
Subtype
Commercial Sale
Year Built
1900
Lot Size
3,210
Acres
0.07
Neighborhood
Middletown

Property 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.

Additional Information

Taxes
$10,307
Heating
Forced Air, Natural Gas
Air Conditioning
None
Parking
Detached, Driveway
Parking Features
Detached, Driveway
School District
Middletown
Elementary School
Maple Hill Elementary School
Middle School
Middletown Twin Towers Middle Sch
High School
Middletown High School

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jonathon Z. Lee (jonlee@kw.com) from Listing Office: KW Hudson Valley United.