104 North Street Middletown, NY 10940
Other
MLS #: 1041303
Courtesy Of Keller Williams Hudson Valley Realty & United
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 11
- Cooling System: Ductless
- Exterior Type: Brick
- Exterior Type: Frame
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Heating System: Natural Gas
- MLSID: 1041303
- Rooms: Basement
MAP & DIRECTIONS
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