Monticello, NY 12701,349 Cold Spring RD

$1,000,000

$900,000

11.1%
Est.Price: ?

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Est. payment /mo

2.17 Acres Lot


SOLD DATE : 09/02/2022

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYH6151717

Sold Date 09/02/22

Originating Board onekey2

Rental Info No

Year Built 1932

Annual Tax Amount $3,241

Lot Size 2.170 Acres

Acres 2.17

Property Description

Once in a Lifetime Investment Opportunity!! Multi-family property, including a total of 5 structures with great income. Main Building consists of 2 levels plus attic, currently being renovated and is attached to 2 beautiful, 2 bedroom houses. Potential income for 12 rooms in the main building, 6 on the first level and 6 on the second level, once repaired ~ 2nd structure is divided into 2, 1 bedroom cottages with income from each cottage. ~ 3rd structure is a 1 bedroom cottage ~ 4th structure consists of 2 apartments both with 1 bed and bath ~ 5th structure is a 2 unit home with 1 bedroom and 1 bath each. Property has 3 wells, each well 1 1/5 horsepower, 2 of them used for the main house and cottages. Third well used for mobile home (being removed.) By the Pool and grass area, it is approved to put a 3 bedroom apt instead, has connection for sewer water electricity. Additional property coming up on the Market soon, 12 Temple Lane in Monticello, same owner separate deed. 3 bedroom, 2 bath property that is not occupied, has connections for well water and septic sewer. Asking $65,000, option to be sold together or separate. Great deal!

Location

State NY

County Sullivan County

Rooms

Basement Partial

Interior

Heating Propane

Cooling None

Fireplace No

Exterior

Parking Features Parking Lot

Fence Fenced

Utilities Available Trash Collection Private

Total Parking Spaces 15

Building

Lot Description Level, Part Wooded

Sewer Other

Water Drilled Well

Structure Type Frame,T111

Schools

Elementary Schools Emma C Chase School

High Schools Monticello High School

School District Monticello

Others

Special Listing Condition None

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Listed by Exit Realty Venture
Bought with Eisner NY LLC
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777 Westchester Ave, West Harrison, NY, 10604, USA

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