$365,000
$365,000
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1.4 Acres Lot
SOLD DATE : 11/08/2022
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20221977
Sold Date 11/08/22
HOA Y/N No
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1968
Annual Tax Amount $5,555
Tax Year 5555
Lot Size 1.400 Acres
Acres 1.4
Lot Dimensions 1.4
Property Description
Gorgeous evergreen privacy trees in place. Fully occupied and excellent performing income property. Property consists of (2) 2 bed 1 bath apartments with hardwood floors and (1) 3 bed 1 bath apartment with all tile flooring. ZERO carpeting in the building. Washer/Dryer hookups available for tenants use. Tenants responsible for their own electric. Landlord pays oil heat, and a small common area electric. Fantastic long-term tenants paying below-market rents. Incredible opportunity to increase cap rate by self-managing property and/or increasing rents over time. Tenants pay for garbage. All tenants have a 1 year lease.
Location
State NY
County Ulster
Area Ulster-Town Of
Rooms
Basement Finished, Full
Interior
Heating Baseboard, Oil
Flooring Ceramic Tile, Hardwood, Linoleum
Exterior
Roof Type Asphalt,Shingle
Garage No
Building
Story 2
Sewer Septic Tank
Water Well
Schools
High Schools Kingston Consolidated
School District Kingston Consolidated
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