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    76 Willow Avenue

    Cornwall, NY 12518
    • $849,900
    • STATUS: Active
    • ON SITE: 254 days
    • MLS #: H6004147
    UPDATED: 68 min ago
    $849,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,690
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Rare development or investment opportunity in Cornwall, NY. The Maplehurst Inn is located directly in the Town of Cornwall and features 18 bedrooms and 4 bathrooms on over 3 acres of flat land. This fully rented rooming house was renovated in 2018 with new bathrooms, a newly installed sprinkler system, and a refinished main lobby. The property is located directly in town, with close proximity to Main Street and all shopping. Current zoning(without variances) calls for 6 single family homes or the building can be left as a rooming house. Cap rate is 6.5%. Rents are below market value due to a significant number of long term tenants.

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    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. Data last updated: 2020-09-24T12:22:23.773.
    www.baerhomes.com/homes/102256583
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    76 Willow Avenue Cornwall, NY 12518

    • Price: $849,900
    • Status: Active
    • Updated: 68 min ago
    • MLS #: H6004147
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,690
    SQFT
    $98
    $/SQFT
    1910
    Built
    Neighborhood:
    Cornwall
    County:
    Orange
    Area:
    Cornwall
    School District:
    Cornwall
    Property Description
    Rare development or investment opportunity in Cornwall, NY. The Maplehurst Inn is located directly in the Town of Cornwall and features 18 bedrooms and 4 bathrooms on over 3 acres of flat land. This fully rented rooming house was renovated in 2018 with new bathrooms, a newly installed sprinkler system, and a refinished main lobby. The property is located directly in town, with close proximity to Main Street and all shopping. Current zoning(without variances) calls for 6 single family homes or the building can be left as a rooming house. Cap rate is 6.5%. Rents are below market value due to a significant number of long term tenants.
    Exterior Features

    Construction Materials Frame Loading Dock YN No

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Operating Expense 36912.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 17200.00 Zoning Description Commercial

    Listing courtesy of Anthony Smith of Arrowhead Realty.
    © 2020 OneKey MLS. All rights reserved.


    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. Data last updated: 2020-09-24T12:22:23.773.
     
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    William Raveis Baer & McIntosh Real Estate
    97 South Broadway
    South Nyack NY, 10960