MLS#1007597
STATUSActive
PROPERTY TYPECommercial -
SCHOOLMinisink Valley
Property Description
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 $322,000 based on yearly rentals, with significantly higher earnings through Airbnb rentals from before. 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. The CAP rate is around 7% with the current $1.3MM sales price.
Property Features
Property Type: Commercial -
Cooling: None
Heating: Propane
Lot Size: 36.00 Acres
Stories: 2.0
Taxes: $17,257
Year Built: 1945
Feature Descriptions
Building Area Total: 7523
Exterior: Frame
On Market Date: 2026-06-01
Parcel Number: 334489-007-000-0001-040.100-0000
Parking Features: Driveway, Private
Rental Term: Monthly
Sewer: Septic Tank
Units: 7
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected
Water: Well
Waterfront Features: Pond
Local Schools
High School: Minisink Valley High School
Middle School: Minisink Valley Middle School
Elementary School: Otisville Elementary School
School District: Minisink Valley
Listed By / Shown By
Listing By
Agency Name: Keller Williams Hudson Valley
Agency Contact: 845-610-6065
Shown By
Agent Name: Carlos Alleyne
Agent Phone: (929) 379-7376
Agency Title: Century21 American Homes
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1 Royal Acres Drive | MLS# 1007597
This commercial property located at 1 Royal Acres Drive , Middletown, NY 10940 is currently listed for sale with an asking price of $1,399,000. Royal Acres Drive is located within the Minisink Valley school district. Search Middletown real estate on carlosalleyne.century21americanhomes.com today.