104 North Street, Middletown, NY 10940
- $2,400,000
- List Price
- $2,400,000
- Days on Market
- 22
- MLS#
- 1041303
- Status
- ACTIVE
- Property Type
- Multi Family
- Year Built
- 1900
- Property Tax
- $23,515
- Neighborhood
- Middletown
- School District
- Middletown
- High School
- Middletown High School
- Jr. High
- Monhagen Middle School
- Elementary School
- Maple Hill Elementary School
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.
Additional Information
- Acres
- 0.17
- Parking
- Off Street
- Stories
- 2
- Basement
- Full
- Heating
- Electric, Heat Pump, Natural Gas
- Cooling
- Ductless
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Jonathon Z. Lee (jonlee@kw.com) from Listing Office: KW Hudson Valley United.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.