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Turnkey investment, Great Income-producing property with low taxes, and separate utilities. With potential for an 11 per. cap rate, you cant go wrong! This 2-family house has just been nicely updated and renovated. The first-floor unit has two bedrooms and one bath, and the market rent is in the 1,700 a month range. The second-floor apartment is two bedrooms and 1 bath, with 2 extra finished rooms (3rd floor) that can be used for office, gym, play area, family room, library, etc. The market rent is in the 2,000 range. Tenants pay for all utilities, heat for the first-floor units is electric, and heat for the 2nd floor unit is forced hot air oil. The landlord pays insurance, water, sewer, snow, lawn, and taxes. The home is set far back on the lot with a large front yard. Close to the village of Ellenville, Route 209, and Route 52. Short distance to the Shawangunk Mountains Scenic View, shops, restaurants, and amenities. Buy now and watch your investment grow; this area is one of the fastest-growing areas of Ulster County.PROPERTY FEATURES
PROPERTY DETAILS
Street Address: 17 Rear Chapel Street
City: Ellenville
State: New York
Postal Code: 12428
MLS Number: 864836
Year Built: 1957
Courtesy of Berardi Realty
City: Ellenville
State: New York
Postal Code: 12428
MLS Number: 864836
Year Built: 1957
Courtesy of Berardi Realty
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