76 Willow Avenue

$849,999, 8,690 Sqft

About This Property

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.

Essential Information

MLS® #6004147
Price$849,999
Bathrooms0.00
Square Footage8,690
Acres0.00
Year Built1910
TypeCommercial
StatusActive

Community Information

Address76 Willow Avenue
AreaCornwall
CityCornwall
CountyOrange County
StateNY
Zip Code12518

Amenities

ParkingDriveway, Private Parking

Interior

HeatingRadiator
CoolingNone
# of Stories3

Exterior

ConstructionFrame

Lot Description

Corner Lot, Level, Possible Sub Division, Stone/Brick Wall

School Information

DistrictCornwall

Additional Information

ZoningCommercial

Listing Details

Listing Courtesy ofArrowhead Realty

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Listing information last updated on February 28th, 2020 at 9:43pm CST.

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