1 Royal Acres Drive | Mount Hope

$1,300,000

One-of-a-kind 7-building residential rental property with 36 acres of land in the town of Mount Hope for sale. All 7 buildings have been updated, and some are still undergoing further renovations. Some of the units were used intermittently for Airbnb, while others have been rented out permanently as yearly rental units. The main house is 2,152 square feet with at least 2-3 bedrooms. Unit 2 is 1,772 square feet with 2 bedrooms. The remaining units are all 1-bedroom units. The annual income is $138,000 based on yearly rentals, with significantly higher earnings through Airbnb rentals. There is a pond and a large, old barn on the property. The rear of the property offers plenty of land that can be utilized. The surrounding area consists of single-family residential properties. This property is grandfathered as a residential-commercial property. It is located in a quiet and desirable MiniSink School District, not far from shopping and highways. OneKeyMLS 839738

MLS Listing ID: 
OneKeyMLS 839738
Community Information
School District: 
Minisink Valley Central
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1945
Construction
Construction Materials: 
Frame
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Propane
Cooling System: 
None
Water Source: 
Well
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Area): 
1,568,160
Waterfront: 
1
Water Body Category: 
Pond
Public Record
Parcel Number: 
334489-007-000-0001-040.100-0000
Annual Tax: 
$17,257.98
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/24/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Jonathon Z. Lee
Listing Office Name: 
Keller Williams Hudson Valley