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Mud Mills Road
Middletown, New York
$624,999 Price
8 Bedrooms  
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Investor Alert: Instant Equity & Endless Potential! Back on the market and priced below appraised value for a quick sale—this rare income-producing estate offers two houses and three total units on nearly 2 scenic acres. Once home to actor Robert Heitman, the property blends rich history, vintage charm, and...

Investor Alert: Instant Equity & Endless Potential! Back on the market and priced below appraised value for a quick sale—this rare income-producing estate offers two houses and three total units on nearly 2 scenic acres. Once home to actor Robert Heitman, the property blends rich history, vintage charm, and incredible investment opportunity. The front house features two sun-drenched units, perfect for immediate or future rental income. The second home is a spacious 5-bedroom with wide wood plank floors, original character, and a cozy fireplace—ready for your creative vision. Whether you’re an investor seeking strong upside or a developer with plans for a unique compound, this property delivers: Instant equity (appraised over asking!), multiple income streams, and flexible layout options for long- or short-term rentals. Masonic Creek flows peacefully behind the property, with remnants of the original gristmill still visible—adding to the tranquil and historic setting. The expansive outdoor space is ideal for future amenities like gardens, patios, or even a greenhouse. While the property needs repairs and updates, the value is already there—perfect for investors or those with vision. No flood insurance required!

Listing courtesy of Hvg Realty Inc

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Middletown, New York
Type:
Price: $624,999
Last Updated: 4/30/2025
Web ID: 6334855

Info & Amenities

Size: 1.9 acres
Bedrooms: 8
Bathrooms: 4.0
Built: 1900

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