$350,000
$369,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
9,147 Sqft Lot
SOLD DATE : 08/24/2023
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6241495
Bedrooms 4
Full Baths 4
Year Built 1965
Annual Tax Amount $7,095
Lot Size 9,147 Sqft
Property Sub-Type Quadruplex
Property Description
Investment opportunity on popular Main Street in Rosendale! This multi-family house has 4 separate units, all of which are currently occupied by tenants who would like to stay. All units are one-bedroom, one bath, differing in size. Some features include wood floors, large windows, newer kitchen cabinets and tub/shower combo in bathrooms. Also included is off street parking with shared driveway and a shared backyard, both maintained by current owner. Conveniently located between Kingston and New Paltz, on the UCAT bus route, walking distance to Trailways Bus stop as well as many great restaurants, the Rosendale Theatre and other shops on Main Street. Cap rate based on current rate is 7, rents are under market value and could easily be increased, improving the cap rate to at least 10%. Additional Information: HeatingFuel:Oil Above Ground,
Location
State NY
County Ulster County
Interior
Heating Baseboard, Oil
Cooling None
Exterior
Parking Features Off Street
Utilities Available Cable Available, Trash Collection Private
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Marbletown Elementary School
Middle Schools Rondout Valley Junior High School
High Schools Rondout Valley
School District Rondout Valley
Others
Special Listing Condition None
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Bought with Non-Member MLS