![[Ellenville Real Estate, listing number 7255189]](https://www.vlshomes.com/images/full/7255189a.jpg)
| Description: 7255189 | |
| FANTASTIC INVESTMENT OPPORTUNITY: This historic LEGAL 5-Unit fully occupied APARTMENT BUILDING is now being offered for sale! (1) updated 2-bedroom, 1 bath unit plus (4) additional 1-bedroom, 1 bath units yielding a yearly income of $75,600 and a NOI of $53,403/year! 6% CAP RATE. Fully leased and all tenants on month-month leases. CAN COMMAND HIGHER RENTS! Landlord currently pays heat / hot water and trash removal. Tenants pay for electric - 5 separate meters and individual thermostats. NEW ROOF plus LARGE SHED! This property sits on over 2-ACRES WITH MOUNTAIN VIEWS!.....Formerly the famous Boxer''s Lakewood Hotel! Ellenville, NY is considered a good place to live for nature lovers and those seeking a strong community feel! It offers abundant outdoor activities in the Shawangunk Mountains and a diverse, friendly atmosphere with a burgeoning arts scene! Enjoy fishing in the nearby Leurenkill stream! ....Adjacent 3,508 single family residential/commercial property (1 Old Minisink Road) also available for sale on 1.1 acres, 5-bedrooms, 3 1/2-baths. | |
Details: |
||
| Families: | 5 | |
| Property Type: | House | |
| Acres: | 2.07 | |
| Built: | 1930 | |
| School District: | Ellenville | |
Financials: |
||
| Price: | $849,990 | |
| Taxes: | $5,713 | |
Designed, Developed, Hosted
The Information contained in this Web Site is believed to be accurate but is not guaranteed. This Information is to be used for a reference and any questions that you may have should be directed to the appropriate Real Estate Agent. If you are interested in any of the properties contained within this web site, please contact the appropriate Real Estate Agent. Visual Listing Systems cannot be held responsible for any Errors or Omissions that may occur upon the Publishing of this Information. Visual Listing Systems is not acting as a Real Estate Broker and is only a Publisher of the Material contained within this Web Site. Powered by VLSHomes.com
Terms
Privacy
