808-812-818-820 State Route 17B
Monticello,
NY
12701
- Commercial
- 8195 SqFt
- Year Built 1951
- Multi Family
- ML# H6334685
Property Details
Overview
EXCELLENT INCOME-PRODUCING PROPERTY! - 4 BUILDINGS - 13 UNITS - 100% OCCUPIED!It’s situated on a spacious 3.46-acre lot in the prime Monticello area. The addresses are #808, #812, #818, and #820 State Route 17B with an SBL of 17-1-2. Building #808 has 5 units with 4 two-bedroom units and one studio unit. Building #812 has 6 units with four two-bedroom units and two one-bedroom units. Building #818 is a three-bedroom, ranch-style home, while Building #820 is a one-bedroom, one-loft bedroom cottage. Most apartments are currently occupied and generate additional income from a public laundry room. Many units have been recently renovated, ensuring excellent condition. The property offers significant potential for additional income, including options to separate utilities and add more units. Recent appraisal valued at $1.8 million! With a pro forma cap rate of nearly 9%, this is a fantastic investment opportunity!
Key Facts
- •SqFt: 8195.00
- •Lot Size: 3.46
- •Lot Sq Ft: 150718
- •Taxes: $10,000
- •Sale or Rent: Sale
- •School District: Kenneth L Rutherford School
- •Construction Materials: Vinyl Siding
- •Parking Spaces: Yes
- •Parking Facilities: Common, Parking Lot, Off Street, Private
- •Bedroom: 22
- •Full Bath: 13
- •Heat: Electric, Oil, Propane, Baseboard, ENERGY STAR Qualified Equipment, Forced Air, Hot Water, Radiant
- •A/C: Individual Units
- •Water: Drilled Well
- •Sewer: Septic Tank
- •Taxes: $10,000
- •Maintenance: $8,172
Listing Information provided courtesy of
MK Realty Inc
845-782-0205
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS