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Washingtonville,NY 10992
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 864602
Rental Info No
Year Built 1880
Annual Tax Amount $20,589
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Multi Family
Source onekey2
Property Description
Exceptional opportunity to own a meticulously maintained, fully-occupied multi-use property in the heart of the Village of Washingtonville. This solid investment asset features 10 residential apartments and 2 street-level retail storefronts, all with stable long-term tenants and a history of consistent income.
Owned by the same family for over 40 years, this property has been cared for with pride and attention to detail—truly their “baby.” There is no deferred maintenance, ensuring peace of mind and low operational headaches for the next owner. Current income delivers a strong 7+% cap rate, with realistic upside potential to reach 8%+ through modest rent adjustments and enhanced retail lease terms.
Whether you're a seasoned investor or entering the multifamily space, this is a rare, turnkey asset in a desirable and growing Hudson Valley community.
Location
State NY
County Orange County
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Varies by Unit
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Trash Collection Public,Water Connected
Building
Lot Description City Lot,Cleared,Level,Near Public Transit,Near School,Near Shops,Paved
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None