37 Monhagen AVE Middletown, NY 10940
5 Beds
3 Baths
0.4 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 1002381
Bedrooms 5
Full Baths 3
Rental Info No
Year Built 1890
Annual Tax Amount $6,639
Lot Size 0.404 Acres
Acres 0.4044
Property Sub-Type Triplex
Source onekey2
Property Description
Previously utilized as a three-unit property, the home will need to be used as a two-family residence moving forward per city guidelines. The opportunity here is simple: renovate, improve, and create a property capable of generating rental income for years to come. Whether your goal is to live in one unit while collecting rent from the other, add a cash-flowing asset to your portfolio, or pursue a value-add investment strategy, the foundation is already in place. Building plans are available to help complete the first-floor renovation, providing a head start for the next owner and helping bring the project to the finish line.
Outside, you'll find a large driveway with ample off-street parking, a rear deck, and a level backyard that adds both functionality and tenant appeal. While substantial repairs and updates are needed, opportunities like this are becoming increasingly scarce. The combination of size, lot dimensions, rental potential, and available building plans creates a compelling opportunity for the buyer willing to put in the work.
Conveniently located near shopping, restaurants, schools, healthcare facilities, public transportation, and major commuter routes, the location further strengthens the property's long-term appeal. Whether you're looking to build equity, generate future rental income, expand your investment portfolio, or create a multi-generational living arrangement, this property offers the flexibility to support a variety of goals.
Bring your contractor. Bring your vision. The plans are available, the potential is clear, and the opportunity to create something special is waiting.
Location
State NY
County Orange County
Rooms
Basement Partial
Interior
Interior Features Other
Heating Forced Air, Natural Gas, Other
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Garage, Off Street
Garage Spaces 1.0
Utilities Available Trash Collection Public
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Wood Siding
Schools
Elementary Schools Maple Hill Elementary School
Middle Schools Monhagen Middle School
High Schools Middletown
School District Middletown
Others
Senior Community No
Special Listing Condition None
