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    5308 St Hwy 42

    Fallsburg, NY 12733
    • $699,000
    • STATUS: Active
    • ON SITE: 80 days
    • MLS #: H6114425
    UPDATED: 46 min ago
    $699,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,800
      SQFT
    • $103
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:
    Area:

    School Information

    Description

    Amazing 10+Cap Investment Opportunity. Zoning B1/Commercial. Multi property portfolio includes 10 Fully Occupied Paying Units with potential for more. Building one - 5308 state rt 42, SBL 50.-4.1 - 6 units, 3 3BR, 3 1BR- fuel for this unit is 2300 gallon oil, - plus very large basement can be potential for office, storage or other use, also a large barn/warehouse 3500 SF can be leased out for warehouse or other for additional income, rents below market, annual rent Property 2-5310 state rt 42, SBL 50.-3-11.1, SFR cape cod 3BR, 1979 SF, built 1947, renovated 2014, mother and daughter, 60x200 0.27 acres, condition good, basement being renovated could have another apartment for rental income, almost done, additional $850 monthly, Property 3- SBL 50.-3-10 and 50.-3-12, 5312, 5314, 5316, 5318 Rt 42, 3 separate cottages with tenants, 3BR each, $34,500 income, additional 4 apartments being renovated now. After renovations could have a total of 15 units, to increase rents. Income, assessments, and expenses for all parcels.

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    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Boyland Real Estate Team | Keller Williams Realty Partners. Data last updated: 2021-07-30T21:17:10.523.
    www.northofthecity.com/homes/116969390
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    5308 St Hwy 42 Fallsburg, NY 12733

    • Price: $699,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: H6114425
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    6,800
    SQFT
    $103
    $/SQFT
    1945
    Built
    Neighborhood:
    Fallsburg
    County:
    Sullivan
    Area:
    Fallsburg
    Elementary School:
    Benjamin Cosor Elementary School
    Middle School:
    Fallsburg Junior-Senior High School
    High School:
    Fallsburg Junior-Senior High School
    School District:
    Fallsburg
    Property Description
    Amazing 10+Cap Investment Opportunity. Zoning B1/Commercial. Multi property portfolio includes 10 Fully Occupied Paying Units with potential for more. Building one - 5308 state rt 42, SBL 50.-4.1 - 6 units, 3 3BR, 3 1BR- fuel for this unit is 2300 gallon oil, - plus very large basement can be potential for office, storage or other use, also a large barn/warehouse 3500 SF can be leased out for warehouse or other for additional income, rents below market, annual rent Property 2-5310 state rt 42, SBL 50.-3-11.1, SFR cape cod 3BR, 1979 SF, built 1947, renovated 2014, mother and daughter, 60x200 0.27 acres, condition good, basement being renovated could have another apartment for rental income, almost done, additional $850 monthly, Property 3- SBL 50.-3-10 and 50.-3-12, 5312, 5314, 5316, 5318 Rt 42, 3 separate cottages with tenants, 3BR each, $34,500 income, additional 4 apartments being renovated now. After renovations could have a total of 15 units, to increase rents. Income, assessments, and expenses for all parcels.
    Exterior Features

    Construction Materials FrameShingle Siding Garage YN No Lot Features Near Public Transit Parking Features DrivewayOff Street

    Interior Features

    Basement FullPartially FinishedSee RemarksWalk-Out Access Cooling Wall Unit(S)Window Unit(S) Cooling YN Yes Heating OilPropaneHot Water Interior Features Legal Accessory ApartmentStorage

    Property Features

    Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 21386.00 Water Source Public

    Listing courtesy of Chayim Fried of Keller Williams Hudson Valley.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Boyland Real Estate Team | Keller Williams Realty Partners. Data last updated: 2021-07-30T21:17:10.523.
     
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