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37 Monhagen Avenue

Middletown, NY 10940
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Bed 5

Bed

Bath 3

Bath

Acres0.40

Acre(Lot)

Welcome to an opportunity that is becoming harder and harder to find. This multi-family property sits on a nearly half-acre lot in the City of Middletown and offers investors, contractors, and ambitious buyers the chance to create significant value. With 2,151 square feet, five bedrooms, three full bathrooms, and income-producing potential, this is the type of property that rewards vision and execution. Previously utilized as a three-unit property, the home will need to be used as a two-family residence moving forward per city guidelines. The opportunity here is simple: renovate, improve, and create a property capable of generating rental income for years to come. Whether your goal is to live in one unit while collecting rent from the other, add a cash-flowing asset to your portfolio, or pursue a value-add investment strategy, the foundation is already in place. Building plans are available to help complete the first-floor renovation, providing a head start for the next owner and helping bring the project to the finish line. Outside, you’ll find a large driveway with ample off-street parking, a rear deck, and a level backyard that adds both functionality and tenant appeal. While substantial repairs and updates are needed, opportunities like this are becoming increasingly scarce. The combination of size, lot dimensions, rental potential, and available building plans creates a compelling opportunity for the buyer willing to put in the work. Conveniently located near shopping, restaurants, schools, healthcare facilities, public transportation, and major commuter routes, the location further strengthens the property’s long-term appeal. Whether you’re looking to build equity, generate future rental income, expand your investment portfolio, or create a multi-generational living arrangement, this property offers the flexibility to support a variety of goals. Bring your contractor. Bring your vision. The plans are available, the potential is clear, and the opportunity to create something special is waiting.

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Detail Ic Property Details

Property Type : Residential Income

Price : $450,000

AD Id : 83829879

MLS Id : 1002381

Beds : 5

Lot Size : 0.40 Acre

Year Built : 1890

Garage : 1

County : Orange

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Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Partial
  • Interior Features

    Other
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas, Other Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1890 Construction Materials: Wood Siding Private Pool: No

  • Lot Information

    Lot Size Acres: 0.4044 Lot Size Square Feet: 17616

  • Listing Price Information

    Listing Price: $450000

  • Tax Information

    Parcel Number: 330900-030-000-0004-002.000-0000 Annual Tax: $6639.63

  • Parking Information

    Garage, Off Street

    Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Maple Hill Elementary School
    Junior High School: Monhagen Middle School
    Senior High School: Middletown High School
  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey 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. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/17/2026 @ 16:49

MLS: 1002381 LISTED BY: Isaiah Lopez, Keller Williams Hudson Valley 845-610-6065 SOURCE: OneKey MLS

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