Multi Family 5+ in Orange County
| MLS Number | 962541 |
|---|---|
| Address | 698 State Route 94 N, Warwick, NY 10990 show map |
| Price | $699,000 show mortgage calculator |
| Acres | 23.9 |
| Year Built | 1970 |
| Est. Sq. Footage | 0 |
| Elementary School | Golden Hill Elementary |
| Jr High-Middle School | S S Seward Institute |
| High School | S.S. Seward Institute |
| Estimated Taxes | $11,449 |
| Total Apt Units | 6 |
| Total Bedrooms | 9 |
| # 2 Brs | 3 |
| # 3 Brs | 1 |
Discover a rare combination of substantial rental income and acreage in the heart of scenic Orange County. This versatile multi-unit property spans nearly 24 sprawling acres and is anchored by a massive 5,484 sq. ft. 4 family main structure. The property features four distinct layouts to suit a variety of tenants: Three 2-Bedroom Apartments and One 3-Bedroom Apartment. Separate utilities: tenants pay there own electric and natural gas heating/hot water. Beyond the residential units, the property offers exceptional utility and storage. Large Detached Barn: A massive structure providing endless possibilities—ideal for a workshop, equipment storage, agricultural use, or potential conversion for creative ventures, rent possibility of $2000/mo. 2-Car Attached Garage: Convenient, separate covered parking and additional storage space currently rented for $375 with upside for higher future rent. 23.9 Private Acres: A rare land find in Warwick, offering a blend of cleared space and natural landscape. Perfect for hobby farming and recreational use due to wetland restrictions, not suitable for subdivision. Located on the accessible State Route 94 corridor, you are minutes away from the vibrant Village of Warwick and the charming Village of Florida. Enjoy world-class orchards, wineries, and the renowned Warwick Valley school district. Fully rented status ensures immediate cash flow from day one in a high-demand rental market with low current rents with huge upside. This sale includes the adjacent vacant lot listed as St Hwy 17a, Warwick NY 10990 SBL 19-1-10 size 80ft X 116ft. Financials and Survey available in documents. POF or Pre Approval required prior to any showings.
Eat-in Kitchen
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