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!
| MLS # | 1021149 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 49 |
| Listing Provided By | MS Realty Group USA, Inc | Moses Zwiebel |
| SQ Feet | 5,000 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 12 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Electric |
| Construction Materials | Brick |
|---|
| Parking Features | Parking Lot |
|---|
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 24000 |
| State | NY |
|---|---|
| County | Orange County |
| City | Middletown |
| Zip Code | 10940 |
| Listing VS Median (in 10940) | |
Price: $1,750,000 low | high Med: $350,000 sqft: 5,000 low | high Med: 1,431 $ / sqft: $350 low | high Med: $268 On site: 49 low | high Med: 45 | |
| State | NY |
|---|---|
| County | Orange County |
| City | Middletown |
| Zip Code | 10940 |
| Listing VS Median (in 10940) | |
Price: $1,750,000 low | high Med: $350,000 sqft: 5,000 low | high Med: 1,431 $ / sqft: $350 low | high Med: $268 On site: 49 low | high Med: 45 | |