$450,000
$475,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
0.56 Acres Lot
SOLD DATE : 04/08/2022
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20213922
Sold Date 04/08/22
Style Cottage,Farmhouse
HOA Y/N No
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1930
Annual Tax Amount $6,816
Tax Year 6816
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions .56
Property Description
Multi-dwelling income property with an 8% cap rate! Property includes a 3 bedroom 2 bathroom single family home, two 2-bedroom cottages, and a 1000 sq ft garage with spacious loft area. Owners have been diligent about maintenance and there are almost too many updates to list, including: lifetime shingles, seamless gutters, and new glass cook top in the house; updated floors, appliances, kitchen counters/cabinets and plumbing/electric upgrades in the cottages; seamless gutters and separate electric meter installed on the garage. All dwellings and garage are currently rented at market value- start earning a return on your investment immediately! Excellent location on a corner lot on Route 28, close to Woodstock and Kingston and a stone's throw from the Ashokan Rail Trail.
Location
State NY
Area Hurley
Rooms
Basement Crawl Space, Dirt Floor, Exterior Entry, Full, Interior Entry, Unfinished
Interior
Interior Features 3 Seasons Room, Breakfast Bar, Eat-in Kitchen
Heating Baseboard, Forced Air, Kerosene, Oil
Flooring Carpet, Ceramic Tile, Hardwood, Linoleum, Other, See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Roof Type Asphalt,Shingle
Total Parking Spaces 2
Garage Yes
Building
Lot Description Corner Lot, Level
Sewer Septic Tank
Water Shared Well, Well
Architectural Style Cottage, Farmhouse
Schools
High Schools Onteora Central
School District Onteora Central
Others
Acceptable Financing Cash, Lease Option
Listing Terms Cash, Lease Option
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