25 Mill StMiddletown, NY 10940

Property Details for 25 Mill St

Year built

1900

Lot size

0.12 AC

Property size (Sq ft)

1,872 SF

Property type

Office properties

Description

This exceptional investment opportunity presents a fully renovated, two-unit building situated at 25 Mill St, Middletown, NY. The property boasts a total of 1,872 square feet on a 0.12-acre lot. The second floor is currently occupied by a residential tenant under a three-year lease, generating a monthly rental income of $2,000. The first floor, designated for commercial use by the town, is currently vacant and readily available for lease. This space is ideally suited for office or retail use, featuring multiple rooms perfect for individual offices or a larger open plan. A full kitchen and bathroom add to the functionality, while a convenient deck provides an outdoor space for breaks or client meetings. To enhance tenant convenience, a new driveway is being installed, providing off-street parking for both units. Further enhancing the property's value is a recently installed high-end heating system, ensuring efficient and comfortable year-round operation. The building's prime location offers easy access to downtown Middletown, making it an attractive proposition for both tenants and investors. The asking price for this turnkey investment property is $499,000.

Location Insight

City

Middletown

County

Orange County

State

New York

Latitude

41.4452

Longitude

-74.4243

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