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Property Type: 4 Family
Description: INVESTMENT OPPORTUNITY IS KNOCKING!! - Excellent value in this 4 family rental. Live in one and rent out all 3. Only 8 minutes to the village of Phoenicia, 15 minutes to Hunter and 2.5 hrs to NYC. Fishing, kayaking, snow tubing, skiing, music festivals and restaurants near by. 3 out of the 4 units were updated in the past 15 years. Roof was done in the last 5 years. Some windows have been replaced and the boiler in #4 is new. Electric is serviced by NY State Electric and gas which is lower than Central Hudson E & G. Cap rate at asking price is 7.43% - See associated docs for the full income & expense sheet. Please call listing agent to show. Tenants need to be home. FEATURES: UNIT 1 -RENT: 600
ZONE: R3 LOT DIMENSIONS: 2.25 UNIT 2 -RENT: 800 UNIT 3 -RENT: 1299 APPLIANCES: Dryer, Dishwasher, Refrigerator, Range, Washer ELECTRICITY: 200 Amps LOT FEATURES: Level, Parking Lot, Private, Water Frontage LOT/SITE: Rural WATER: Drilled Well KITCHEN DESCRIPTION: Eat-In |