Middletown Real Estate

3 Old Country Road, Otisville, NY 10963

[Otisville Real Estate, listing number 7237238]
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Description: 7237238
   COMMERCIAL/RESIDENTIAL DEVELOPMENT OPPORTUNITY * 11.4-Acre Multi-Home Property Near Otisville Train Station. The property includes eight separate structuresâ??two FULLY RENOVATED homes and six additional bungalows ready for renovation or new developmentâ??offering a rare investment opportunity. Zoned in Local Business (LB) District located only .2 miles from NJ Transit, Otisville train station- ideal for commuters to NYC. Main Home: A completely renovated two-story residence (approx. 1,440 sq. ft.) offering 3 bedrooms, 2.5 baths, second-floor laundry, and a 2-car garage with a spacious basement. The home has been thoughtfully redesigned with modern finishes, ductless mini-split A/C, all-new mechanicals including a water softener, new appliances, a new septic system, and a 500-gallon propane tank. Second Home â?? â??Green Ranchâ??: A fully renovated ranch-style home (approx. 1,000 sq. ft.) featuring 3 bedrooms, 2 full baths, a stacked washer/dryer, its own septic system, and a 200-gallon propane tank. Both homes are move-in readyâ??perfect for extended family, guests, a multigenerational living setup, or rental income. Additional Structures: Six bungalows in various conditions, all have separate electric meters, share a well, have septic but condition is unknown , most are in desperate need of restoration or tear down. Property has so much potential - subdividable - 3 Old Country Road is a private road off State Route 211 with road frontage on State Route 211 with long private driveways connecting all the homes/cabins. Zoned for various Residential and Commercial principal uses along with special permit uses including Senior Housing, Hotel, Motel, Storage units, Retail, Office (Planning board approval required with Town of Mount Hope). Residential/Commercial opportunity - Schedule a private showing today.

Details:
   Families: 7
   Bedrooms: 6
   Bathrooms: 5
   Property Type: Colonial
   Outdoor Space: Porch
   Acres: 11.82
   Built: 1900
   School District: Minisink Valley

Financials:
   Price: $970,000
   Taxes: $11,253

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