Listed by Mondello Upstate Properties Inc
$1,250,000
1030 Route 199
Details
APN 133600-6471-00-591614-0000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 7
NOI $58,250
Year Built 1975
Buildings 8
Acreage 1.700
Zoning HB
Parking Spaces spaces
Multifamily | 7 Units
Marketing description
Unique offering with this LEGAL 7 unit Multifamily. Full occupancy with great reliable tenants. Unit one is 2 Bedroom, 1 full bath, Unit two is 1 Bedroom, 1 Full Bath, Unit Three is a 2 Bedroom, 1 Full Bath, Unit Four is 2 Bedroom, 1 Full Bath, Unit Five is 2 Bedroom 1 Full Bath, Unit Six is 1 Bedroom, 1 Full Bath Unit Seven a 3 Bedroom, 1Full plus 1/2 Bath. TOTAL of 13 Bedrooms and 7 plus 1 1/2 Baths. Property has been maintained to perfection, and the grounds have a Park-Like quality with Gazebo and outdoor track for recreation and is mostly fenced. There are several outbuildings that provide additional income and versatile usage. Located conveniently within 10 minutes to TSP and Villages of Red Hook and Rhinebeck in the Red hook School District. Don't miss this opportunity to invest in this turnkey money maker!
Listing Contacts
Listed by Mondello Upstate Properties Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$58,250.00
$4,854.17/mo
Valuation Metrics
0
DSCR
4.66%
Cap Rate
4.66%
ROI
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