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.
9,202 Sq Ft
7,492 Sq Ft Exterior Space
Commercial
$20,589 Annual Tax
Built in 1880
MLS/Listing ID 864602
9-11
13 Units
Lot - Level
Lot - Near Public Transit
Lot - Near School
Lot - Paved
Parking - Parking Lot
Construction - Brick
Stone
Heating - Forced Air
Lot - City Lot
Lot - Cleared
Listing Courtesy of KELLER WILLIAMS REALTY, JOSEPH DISTELBURGER - 845-344-7170
Source of Data: ONEKEY MLS