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7 Maiden LN Ellenville, NY 12428
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Key Details
Sold Price $665,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6190886
Sold Date 12/12/22
Originating Board onekey2
Rental Info No
Year Built 1988
Annual Tax Amount $14,621
Lot Size 0.400 Acres
Acres 0.4
Property Description
Excellent Investment!!!! Cap Rate 8.6% with current rents below market value! Conveniently located in middle of village within walking distance to school, shopping and restaurants. Large duplex apartments that have been well maintained and are fully rented. Each apartment has its own basement with washer/dryer hook up and separate furnace room. Kitchen, Living room and half bath located on 1st floor, bedroom(s) and full bath located on second floor. Black top driveway with plenty of parking spaces, large backyard that tenants can use for children's play area, BBQ, etc. Tenants pay all utilities (heat, electric) there are 6 separate water meters for each apartment. Owner pays - taxes, insurance, garbage, lawn maintenance and snow plowing/removal. Currently owner pays for water for 3 tenants up to $250/quarter each. Additional Information: HeatingFuel:Oil Above Ground,
Location
State NY
County Ulster County
Rooms
Basement Full, Partially Finished
Interior
Heating Oil
Cooling None
Fireplace No
Appliance Electric Water Heater, Tankless Water Heater
Exterior
Garage Parking Lot
Utilities Available Trash Collection Private
Parking Type Parking Lot
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Ellenville Elementary School
Middle Schools Ellenville Junior/Senior High School
High Schools Ellenville Junior/Senior High School
School District Ellenville
Others
Special Listing Condition None
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Bought with Keller Williams Hudson Valley