Description
Gorgeous evergreen privacy trees in place. Fully occupied and excellent performing income property. Property consists of (2) 2 bed 1 bath apartments with hardwood floors and (1) 3 bed 1 bath apartment with all tile flooring. ZERO carpeting in the building. Washer/Dryer hookups available for tenants use. Tenants responsible for their own electric. Landlord pays oil heat, and a small common area electric. Fantastic long-term tenants paying below-market rents. Incredible opportunity to increase cap rate by self-managing property and/or increasing rents over time. Tenants pay for garbage. All tenants have a 1 year lease.
-
0BEDS
-
1.4ACRES
-
0BATHS
-
01/2 BATHS
Description
Gorgeous evergreen privacy trees in place. Fully occupied and excellent performing income property. Property consists of (2) 2 bed 1 bath apartments with hardwood floors and (1) 3 bed 1 bath apartment with all tile flooring. ZERO carpeting in the building. Washer/Dryer hookups available for tenants use. Tenants responsible for their own electric. Landlord pays oil heat, and a small common area electric. Fantastic long-term tenants paying below-market rents. Incredible opportunity to increase cap rate by self-managing property and/or increasing rents over time. Tenants pay for garbage. All tenants have a 1 year lease.
© 2022 by Hudson Valley Catskill Region MLS.