76 Willow Avenue

$849,999

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® #H6004147
Price$849,999
Acres0.00
Year Built1910
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive

Community Information

Address76 Willow Avenue
CityCornwall
CountyOrange
StateNY
Zip Code12518

Interior

CoolingNone

Heating

Electric, Natural Gas, Hot Water

Exterior

ExteriorFrame
ConstructionFrame

School Information

DistrictCornwall

Additional Information

Date ListedJanuary 13th, 2020
Days on Market120
ZoningCommercial

Listing Details

Listing Courtesy ofArrowhead Realty

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Listing information last updated on May 28th, 2020 at 7:00am CDT.

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