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.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
100 ft.
Lot depth
50 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Ulster County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 23, 2024.
Property details
Parking
Parking/Garage Information
Parking Features: Off Street
Interior
Heating & Cooling
Has Heating
Heating: Hot Water, Natural Gas
Interior Features
Appliances: Gas Water Heater, Range, Refrigerator
Flooring: Varies
Room Information
Has Basement
Basement Details: Full
Exterior
Exterior Features
Roof: Asphalt, Shingle
Building Information
Construction Materials: Aluminum Siding, Frame, Vinyl Siding
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family
Lot Information
Lot Size : 0.11
Lot Size Dimensions: .11 Acres
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning Description: SB
Financial
Tax Information
Tax Annual Amount: $9,203
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Location Information
Directions: Take Route 300 to Route 208 to Wallkill Ave. Second right is Main Street. Property is located on the corner of Church Street and Main Street.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Ulster County
APN: —
Home facts updated by county records on Apr 23, 2024
Other
Listing Information
List AOR: Hudson Valley Catskills Region Multiple List Servi
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the Wallkill Central School District website to verify.
Ostrander Elementary School
Public PreK-6 • 0.4mi
4/10
John G Borden Middle School
Public 7-8 • 0.4mi
7/10
Wallkill Senior High School
Public 9-12 • 0.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Wallkill, NY • 12589
Average low and high temperatures (°F)
32
18
36
20
53
32
63
42
70
51
81
60
85
66
80
58
75
54
65
43
52
35
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 3.8 hours in December, placing it below the
U.S. average for solar exposure.