- Price: $264,999
- Sq. Feet: 3,685
- Acreage: 1.30
- Year Built: 1928
- School District: ONTEORA CENTRAL
Property Type: Mixed Use
Description: Proven money maker. 17% proforma cap rate incorporates a 5% vacancy when all units rented. Commercially zoned. Separate utilities. Main house has one store front and 3 apartments. Second building has 2 apartments. Great location near Woodstock and Ashokan Reservoir. Miscellaneous Expense in Financials is Vacancy.
Square footage and acreage is approximate from seller info and taxes, and includes both buildings.3rd Building in need of serious repairs. Could be renovated for more income. 2 septics, 1 well. Landlord pays electric for well currently. Do not enter 3rd Building. Owner currently does lawn, plowing and maintenance.
LOT DIMENSIONS: 1.3