
INVESTMENT OPPORTUNITY IS KNOCKING!! – Excellent value in this 4 family rental. Live in one and rent out all 3. Only 8 minutes to the village of Phoenicia, 15 minutes to Hunter and 2.5 hrs to NYC. Fishing, kayaking, snow tubing, skiing, music festivals and restaurants near by. 3 out of the 4 units were updated in the past 15 years. Roof was done in the last 5 years. Some windows have been replaced and the boiler in #4 is new. Electric is serviced by NY State Electric and gas which is lower than Central Hudson E & G. All rents are well below market values, Cap rate at asking price is 7.43% – See associated docs for the full income & expense sheet.
View full listing detailsPrice: | $$525,000 |
Address: | 13 Private Road |
City: | Chichester |
County: | Ulster County |
State: | New York |
Zip Code: | 12416 |
MLS: | 20223467 |
Year Built: | 1972 |
Acres: | 2.250 |
Lot Square Feet: | 2.250 acres |
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