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$440,000
$425,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1.4 Acres Lot
SOLD DATE : 09/15/2023
Key Details
Sold Price $440,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6250626
Sold Date 09/15/23
HOA Y/N No
Rental Info No
Year Built 1960
Annual Tax Amount $7,992
Lot Size 1.400 Acres
Acres 1.4
Property Sub-Type Multi Family
Source onekey2
Property Description
This 5-unit multi family building hosts a diverse selection of units to suit the needs of different tenants: 1 three-bedroom unit, 3 two-bedroom units, and 1 one-bedroom unit. The diversity in unit sizes adds an additional layer of appeal, broadening the potential tenant pool.
One of the key advantages of this building is its potential for value-add enhancements. The new owner has the flexibility to make renovations at their own pace, which can significantly boost the property's value and rental income potential over time.
Whether you're an experienced investor or looking to venture into the world of real estate investment, this multi-family residence provides an exceptional opportunity to grow your real estate investment portfolio.
Don't wait; this unique opportunity at 862 South St, Highland, NY may not last. If you've been contemplating investing in a multi-family property, now is the perfect time. Contact us today to learn more about this promising opportunity!
Location
State NY
County Ulster County
Interior
Heating Electric
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features Common, Off Street
Utilities Available Trash Collection Private
Building
Sewer Septic Tank
Water Drilled Well
Schools
Elementary Schools Plattekill Elementary School
Middle Schools John G Borden Middle School
High Schools Wallkill
School District Wallkill
Others
Special Listing Condition None
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Bought with Non-Member MLS
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