Middletown, NY 10940 1 Royal Acres Drive
$1,299,000



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Home Details
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.
General for 1 Royal Acres Drive
Building Area UnitsSquare Feet
Elementary SchoolOtisville Elementary School
High SchoolMinisink Valley High School
High School DistrictMinisink Valley
Middle/Junior High SchoolMinisink Valley Middle School
Number Of Units Total7
Additional Details
Price History
Schools
Elementary School
Otisville Elementary School
High School
Minisink Valley High School
Middle School
Minisink Valley Middle School

Gregory Berkowitz
Licensed Real Estate Salesperson