$599,000

22 Mud Mills Road, Middletown, NY 10940

  • 8 beds |
  • 4 baths |
  • 4,698 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1.9acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $128/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Investor Alert: Instant Equity & Endless Potential! Back on the market and priced below appraised value for a quick sale—this rare income-producing estate offers two houses and three total units on nearly 2 scenic acres. Once home to actor Robert Heitman, the property blends rich history, vintage charm, and incredible investment opportunity. The front house features two sun-drenched units, perfect for immediate or future rental income. The second home is a spacious 5-bedroom with wide wood plank floors, original character, and a cozy fireplace—ready for your creative vision. Whether you’re an investor seeking strong upside or a developer with plans for a unique compound, this property delivers: Instant equity (appraised over asking!), multiple income streams, and flexible layout options for long- or short-term rentals. Masonic Creek flows peacefully behind the property, with remnants of the original gristmill still visible—adding to the tranquil and historic setting. The expansive outdoor space is ideal for future amenities like gardens, patios, or even a greenhouse. While the property needs repairs and updates, the value is already there—perfect for investors or those with vision. No flood insurance required!

Listing Status:
Pending
Listing Office:
HVG Realty, Inc. : 845-270-3242
MLS ID:
H6334855

This listing courtesy of HVG Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Presidential Park Elementary School

48 Roosevelt Ave, Middletown, NY, 10940

Grades KG-5

1.89 miles away

M

Middletown Twin Towers Middle School

112 Grand Ave, Middletown, NY, 10940

Grades 6-8

1.35 miles away

M

Middletown High School

30 Gardner Ave Ext, Middletown, NY, 10940

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.