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42204 State Hwy 28

Middletown, NY 12455
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Bed 8

Bed

Bath 4

Bath

SqFt1,664

Sqft

Acres1.02

Acres(Lot)

CHARMING 1889 FARMHOUSE w/INCOME-PRODUCING 2-UNIT RENTAL BUILDING — WALK TO MARGARETVILLE Imagine having your own Catskills getaway where you can escape the city and walk into the village for dinner, shopping or coffee—and a separate two-unit rental building helps offset the cost of ownership. This unique property offers exactly that opportunity. Set on over an acre, this lovingly maintained 1889 home has been cherished by 4 generations of the current owners. Now ready for its next chapter, the property combines charm, recreational lifestyle and income potential. The 1,554-square-foot farmhouse offers two comfortable levels of living space. The main floor features a welcoming entry, a bathroom/laundry room, spacious eat-in kitchen w/extensive wood cabinetry and counter space, and a cozy br eakfast nook. The kitchen flows into a large, sun-filled formal dining room with pine paneling and then into a warm wood-paneled living room w/beautiful coffered ceiling and raised-hearth brick wood-burning fireplace. An enclosed porch stretches across the front of the house. Upstairs are four generously sized bedrooms, including a primary bedroom with an adjoining smaller room, ideal as a study, sitting room or additional sleeping space, plus a full bath. A full attic and standing-height dry basement provide excellent storage. There is also a garage w/upstairs storage. The separate 1,500-square-foot 2-story rental building contains two identical 2-bedroom apartments, both occupied by long-term tenants. Together they generate $1,400 per month, with tenants paying their own heat and electric. All units have separate utilities. The current owners have used the farmhouse as a short-term rental while enjoying it themselves between bookings—a model that could be continued, or the farmhouse could become your own private retreat. This is an opportunity to own a character-filled country home with established rental income helping to subsidize your Catskills escape while you can easily walk to Margaretville's shops, restaurants and supermarket, and Belleayre Ski Center, the Pepacton Reservoir, hiking trails and countless four-season recreational opportunities are just minutes away.

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Detail Ic Property Details

Property Type : Residential

Price : $499,000

AD Id : 89856216

MLS Id : R1700551

Beds : 8

Lot Size : 1.02 Acres

Living Area Size : 1,664

Year Built : 1889

Garage : 2

County : Delaware

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Ceramic Tile, Hardwood, Varies, Vinyl
  • Roofing Information

    Asphalt
  • Interior Features

    Ceiling Fan(s), Cathedral Ceiling(s), Natural Woodwork Roof: Asphalt Appliances: Electric Water Heater, Water Heater Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Zoned, Baseboard, Hot Water, Wood Has Cooling: Yes Cooling: Ceiling Fan(s), Zoned, Attic Fan, Window Unit(s)

  • Building Information

    Year Built: 1889 Building Area Total: 1664 Construction Materials: Frame, Vinyl Siding Stories: 2 Patio And Porch Features: Patio Private Pool: No
  • Exterior Features

    Exterior Features: Private Yard

  • Lot Information

    Lot Dimensions: 160X301 Main Square Feet: 1.02 Acres Lot Size Acres: 1.02 Lot Size Square Feet: 44431 Lot Description: Irregular Lot, Near Public Transit

  • Listing Price Information

    Listing Price: $499000 Cash, Conventional

  • Tax Information

    Parcel Number: 306.7-8-10 Annual Tax: $5327

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Margaretville Central
  • Utility Information

    Cable Available, Sewer Connected, Water Connected
  • Location Information

    Direction: From Bridge St, Margaretville, take a left on State Hwy 28 to 42204 (Property is on your right) WaterSource: Private, Public, Well Security Features: Security System Leased
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Nearby Home Value

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224 Cape Horn Road, Middletown, NY, 12455 $759,000 3 4 2,000 2,000 SqFt
270 Searles Road, Middletown, NY, 12455 $399,000 3 3 2,392 2,392 SqFt
89 Mittler Drive, Middletown, NY, 12455 $349,000 2 1 600 600 SqFt
806 Main Street, Middletown, NY, 12455 $395,000 4 4 3,958 3,958 SqFt
117 Swart Street, Middletown, NY, 12455 $335,000 3 2 2,044 2,044 SqFt
270 Kristens Ridge Road, Middletown, NY, 12455 $1,475,000 4 5 4,199 4,199 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 08/24/2026 @ 05:54

MLS: R1700551 LISTED BY: Pamela Jean Orr, Keller Williams Upstate NY Properties 845-586-6220 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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