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Listed by John Quinn, Quinn Realty Group Inc.
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.

More Info

Basic Information

  • Acreage0.11
  • List Price$599,000
  • MLS Number20221330
  • MlsStatusACTIVE
  • Property TypeMulti-Unit
  • SewerMUNICIPAL
  • StyleDETACHED
  • Units5
  • Year Built1800

Amenities

  • Other AmenitiesBasement, Fireplace

Location

  • Address12 Main Street
  • Area TownSHAWANGUNK
  • Building Number12
  • High School DistrictWALLKILLCENTRAL
  • StateNY
  • StreetMain
  • TownWallkill
  • Zip12589
  • ZoneSB

Utilities

  • Heat SourceHOT WATER
  • Heating FuelNATURAL GAS
  • Hot WaterGAS

Building

  • BasementFULL
  • ConstructionFRAME/STICK
  • Garage Capacity
  • Garage Parking ExtrasOFF STREET
  • Garage TypeNone
  • RoofASPH SHINGLE
  • SidingALUMINUM, VINYL
  • Unit 1 Rent1125

Interior

  • FloorsMIXED

Water Body

  • Lfd WaterMUNICIPAL

Other

  • AppliancesRANGE, REFRIGERATOR
  • Lot13
  • Lot Dimensions.11 Acres
  • Lot SiteHAMLET/VILLAGE
  • View Count3

Wallkill, NY Demographics

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Wallkill, NY Real Estate Market Data

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Wallkill, NY Schools

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