WAWARSING NY - ID: 20183414
On the Market
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  • Price: $400,000
  • Bedrooms: 1
  • Garage: None
  • Acreage: 1.50
  • Year Built: 1950
  • School District: ELLENVILLECENTR
  • CONTACT
    Grist Mill Real Estate
    (800) 664-5503
    gristmill@gristmillrealestate.com
Property Type: Multi-Unit

Description: Fully rented 8 family income property has been in the same family for 3 generations. Property consists of one building with 7 units, 2 are 2 bedrooms, 5 are 1 bedroom and one 1-2 Br cottage on same lot. One septic services 4 units and a second septic services 2 units and one in the front servicing one unit with the small house having its own septic. 5 units have there own electric meter, unit number #7 shares meter with house for boiler. One oil fired boiler and coal fired boiler services all 7 units with the smaller house having its own heat and meter. No leases but security deposits for all units with several long term tenants. Rents for Unit #7 $675, unit #8 $750. Yearly income of $67, 200 with expenses approximately $30, 000. Appraisal on file for serious buyers with accepted offers only. Assigned parking.Survey on file.

FEATURES:
NUMBER OF UNITS: 8
UNIT 1 -RENT: $700
ZONE: Commercial
LOT DIMENSIONS: 160x213
UNIT 2 -RENT: $750
UNIT 3 -RENT: $750
UNIT 4 -RENT: $650
UNIT 5 -RENT: $650
UNIT 6 -RENT: $675
CONDITION: Good
SURVEY: Yes
ELEMENTARY SCHOOL: Ellenville Pre K-5

Listing courtesy of: Keller Williams Hudson Valley / Listing Agent: Lynelle Alessi
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