South Fallsburg, NY 12779,6-14 Whittaker RD
$2,600,000
$2,685,000
3.2%
Est.Price: ?

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13,300 SqFt

6-14 Whittaker RD South Fallsburg, NY 12779

Est. payment /mo
SOLD DATE : 03/27/2023

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Chaim Reich - Erealty Advisors

Chaim Reich - Erealty Advisors

+1(718) 781-3616

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $2,600,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,300 sqft

Price per Sqft $195

MLS Listing ID H6192430

Sold Date 03/27/23

Originating Board onekey

Year Built 1987

Annual Tax Amount $44,728

Lot Size 2.880 Acres

Acres 2.88

Property Description

Amazing investment opportunity! These 26 units are always fully occupied with a waiting list. Four buildings, handsomely arranged and set back from the road, house eighteen 2 BR units and eight 1 BR units. Grounds are immaculate and there is plenty of paved parking for all tenants. Tenants pay all electric which includes heat and hot water. Landlord pays the usual expenses: taxes, insurance, common electric, water and sewer, plowing and mowing, trash, pest control, and repairs and maintenance. Laundry facilities on site bring in additional income. Property brings in over $286,000 in gross income, this is a very attractive offering. 6.3% cap rate.

Location

State NY

County Sullivan

Interior

Heating Electric, Baseboard

Cooling None

Fireplace N

Exterior

Garage Parking Lot

Parking Type Parking Lot

Garage No

Building

Lot Description Level, Part Wooded

Sewer Public Sewer

Water Public

Structure Type Frame, Vinyl Siding

Schools

Elementary Schools Benjamin Cosor Elementary School

Middle Schools Fallsburg Junior-Senior High School

High Schools Fallsburg Junior-Senior High School

School District Fallsburg

Others

Senior Community No

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Listed by Malek Properties • 845-583-6333
Bought with Malek Properties

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Chaim Reich - Erealty Advisors

Salesperson | License ID: 10401360540

+1(718) 781-3616

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