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.
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Features
Public
Private
Well
Parking
Driveway
Private
Waterfront and Water Access
Pond
Cooling Information
None
Heating Information
Propane
School Information
School Information for 1 Royal Acres Drive, Middletown, NY 10940
Elementary School
Otisville Elementary School
Middle School
Minisink Valley Middle School
High School
Minisink Valley High School
Listing Courtesy: Keller Williams Hudson Valley - 845-610-6065