$270,000
$289,900
6.9%For more information regarding the value of a property, please contact us for a free consultation.
3,920 Sqft Lot
SOLD DATE : 10/27/2023
Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20231572
Sold Date 10/27/23
HOA Y/N No
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1890
Annual Tax Amount $6,998
Tax Year 6998
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 0.09
Property Description
Located on the Main St in the Village of Rosendale, within walking distance to the Tressel and Rail train expanding from Kingston to New Paltz. Rosendale is a quaint artsy community with great restaurants, shops, and the Rondout Creek. The 3-Unit apartment building offers three levels of living with one apartment on each floor. The first floor has been nicely updated with 2 bedrooms, fresh paint, and refinished flooring, currently rented at $1,150 a month. The second floor is also a 2-bedroom unit, rented to a long-term tenant at $800 a month. The third-floor unit is a 1 bedroom unit, also rented to a long-term tenant at $950 a month. The building has vinyl siding and an architectural shingle roof, and most windows have been replaced. The basement is full, the heating is oil (3-zones) and the hot water is electric (2 newer hot water heaters). The owner supplies the heat, hot water, and cooking gas, and tenants pay for electricity. There are 4 electric meters (one is a LL meter) and each unit has a propane stove. Each apartment has its own thermostat so if a new buyer wanted to separate the heating the units are already zoned for that. All rents are well below market rate, see associated docs for the income and expense sheet along with additional info. The listing agent is the owner.
Location
State NY
County Ulster
Area Rosendale
Zoning RES 1
Rooms
Basement Exterior Entry, Full, Unfinished
Interior
Heating Baseboard, Hot Water, Oil, Radiant
Flooring Carpet, Hardwood
Exterior
Fence Fenced, Partial
Waterfront Yes
Roof Type Asphalt,Shingle
Porch Deck
Garage No
Building
Lot Description Garden, Landscaped, Level
Story 2
Sewer Public Sewer
Water Public
Schools
Elementary Schools Graves K-4
Others
Acceptable Financing Lease Option
Listing Terms Lease Option
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