1. New York
2. Middletown
3. 111 Walnut Street

111 Walnut Street, Middletown, NY 12455

• 5 beds |
• 5 baths |
• 2,700 sqft

Property Description

Fully Occupied 4-Unit Multifamily Property in the Heart of Margaretville A rare Village investment opportunity, well-maintained apartment building offers dependable income and long-term potential. Located in the Town of Middletown, Delaware County—where quality housing options remain limited—this property is ideally positioned to benefit from sustained rental demand. Location Highlights: • Prime in-village location, walking distance to school, shopping, restaurants, and other amenities • On-site parking for all tenants, with additional municipal parking just half a block away • Coin-operated laundry on site provides supplemental income • Garbage removal included, water included Property Features & Improvements: • Longstanding ownership since 2009, with major upgrades completed by both current and prior owners • Updates include: roof replacement, new windows, and upgraded electric systems (all apartments equipped with 100-amp electric meters) • High-speed internet, cable TV, and phone service available to all units Apartment Breakdown: Unit #1 – Studio (First Floor) • Private entry via shared covered front porch • 1 bathroom with shower stall • Electric heat, electric hot water, and electric cooking stove • Tenant pays all utilities Unit #2 – 2 Bedroom (Second Floor) • Entry via central staircase from shared covered front porch • Living room, full bath with tub/shower combination, and kitchen with electric stove • Heat (oil hot water baseboard) included in rent; tenant pays electric • Access to high-speed internet and cable Unit #3 – 1 Bedroom (First Floor) • Kitchen/living room combo with electric stove • 1 bathroom with shower stall • Electric baseboard heat; tenant pays all utilities • Entry from shared covered front porch Unit #4 – 2 Bedroom / 1.5 Bath (Two Story Layout) • Private covered side entry with enclosed porch and patio area • Eat-in kitchen, living room, half bath on the first floor • Two bedrooms and full bath upstairs • Heat (oil hot water baseboard) included in rent; tenant pays electric This property reflects pride of ownership, with consistent occupancy throughout the years. Looking to add to your portfolio?

Listing Status:

Active

Date Added:

May 7, 2025 at 05:00AM

Listing Office:

Coldwell Banker Timberland Properties : 845-586-3321

Listing Agent:

Stacy S. Keck-Colliton : 607-643-1911

MLS ID:

R1605214

Interior

• Appliances: Electric Water Heater
• Laundry: Common Area
• Basement: Full
• Flooring: LaminateVariesVinyl
• Heating: OilBaseboardElectricHot Water
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Stacy S. Keck-Colliton, Coldwell Banker Timberland Properties