$450,000
$450,000
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SOLD DATE : 05/23/2022
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6137852
Sold Date 05/23/22
Originating Board onekey2
Rental Info No
Year Built 1919
Annual Tax Amount $9
Property Description
This property has 2 buildings-One in the front & one in the back. Both buildings have been completely renovated w/ new roof, siding, windows, heating, kitchens, flooring, etc. Front House (#10) is a 2 family building: 1st FL: 2 bedrooms, 1 bathroom. Access to basement (storage) 2nd FL: 2 bedrooms, 1 bathroom, Access to attic (storage) Rear House (#12) is a two family building: 1st Floor: 4 bedrooms & 1.5 baths 2nd Floor: 3 bedrooms and 1.5 baths with a stairway to the 3rd floor which is a large open area. All kitchens have 2 sinks. Tenants pay for electric charges which includes heat, hot water and cooking which is all electric. If you choose to rent it to year round tenants the monthly revenue would be at least 5,000 per month or 60K per year. After taxes, insurance, maintenance, etc. there would be at least 45-50k left as net profit. If you choose to rent it for different seasons and holidays then the revenue would be a lot higher as just for the summer it can generate at least 40K.
Location
State NY
County Sullivan County
Interior
Heating Other, See Remarks
Cooling Individual Units
Fireplace No
Exterior
Parking Features Off Street
Utilities Available See Remarks
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
School District Monticello
Others
Senior Community No
Special Listing Condition None
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