$880,000
$999,999
12.0%For more information regarding the value of a property, please contact us for a free consultation.
3,850 Sqft Lot
SOLD DATE : 06/22/2022
Key Details
Sold Price $880,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6157103
Lot Size 3,850 Sqft
Property Sub-Type Multi Family
Property Description
Calling All Investors, you definitely don't want to miss this property leased and occupied. Well maintained 4 residential units on second & third floors. All units are 2 Bedroom, 2 Bath Units with ample space. Commerical Store Fronts on the ground floor. Free Municipal parking in rear of the building, and on street parking. Centrally located in the heart of Highland Falls, near the Bear Mountain Bridge and mins from West Point. Close to all Major Highway junctions. Highland Falls Historic District, many restaurants in walking distance, including local library, banking facilities. Sit back and enjoy, the demand is strong and the living area is great for residential and business.
This property has a 6% cap rate with a $100,000 rental income per year.
Apartments: Store Fronts:
2nd Fl Apt 1 $1400 Office #1 $1450
2nd Fl Apt 2 $1500 Office #2 $1050
3rd Fl Apt 1 $1500
3rd Fl Apt 2 $1400
Location
State NY
County Orange County
Interior
Heating Natural Gas, Radiant
Cooling Wall/Window Unit(s)
Exterior
Parking Features On Street, Public Parking
Building
Lot Description Historic District
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
High Schools Highland Falls
School District Highland Falls
Others
Special Listing Condition None
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Bought with Non-Member
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