30-32 E Main Street, Middletown, NY 10940

$1,750,000

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List Price
$1,750,000
Status
ACTIVE
Days on Market
28
MLS#
1021149
Subtype
Commercial Sale
Year Built
1900
Neighborhood
Middletown

Property Description

Rare Investment Opportunity: Fully Occupied 12-Unit Brick Building in Middletown, NY. Massive Income – Fully Updated – Separate Utilities – Low Inventory Market. Don’t miss this exceptionally rare turnkey investment in the high-demand Middletown market. Brick buildings of this scale and caliber rarely hit the market. This massive 12-unit mixed-use property is fully occupied, generating immediate, stable income from day one. Features 10 residential units and 2 prime commercial storefronts.Tenant-Paid Utilities: Tenants pay their own electric and gas. : Features a brand-new, building-wide structural back porch and extensive capital improvements throughout the exterior and common areas. A lot of Renovated Units: Most units are updated, making them highly attractive to tenants and supporting premium rental rates.100% Occupied:, reliable cash flow for the savvy investor. Location & Market Advantage Situated in a bustling, high-traffic area of Middletown, NY, this property benefits from excellent visibility for the commercial spaces and peak convenience for residential tenants. Big parking in the back. With inventory at an all-time low for multi-family and mixed-use assets in Orange County, this building represents a premier addition to the portfolio with strong appreciation potential. Schedule your private showing today before this rare gem is gone!

Additional Information

Taxes
$24,000
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Stories
3
Parking
Parking Lot
Parking Features
Parking Lot
School District
Middletown

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Moses Zwiebel (mzwiebel@exitrv.com) from Listing Office: MS Realty Group USA, Inc.