Well maintained 5 unit investment property for sale in the highly desirable Hamlet of Wallkill. Owner retiring after owning this property for 19 years. This is a turn key property with recent updates including new exterior vinyl siding installed on the entire building just last fall. Municipal water and sewer and natural gas. All units are rented with zero vacancies over many years. Tenants pay for heat,hot water,and electric. Coin operated washer and dryer. Off street parking for 10 cars at rear of building. Current gross income is $57,900 due to some long term tenants. Potential gross annual rents in the $70,000 to $75,000 range. Great location with huge rental demand and rising rents in the Hamlet of Wallkill just north of Newburgh and Middletown and south of New Paltz. Property Management is available which would allow the property to basically run itself.
