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Take advantage of a healthy rental market with this fully occupied very well maintained six unit multi-family in convenient location - offering an 8.2% return on your investment. Situated on 6.9 beautiful acres just minutes from Stone Ridge Plaza, High Falls Food Coop, restaurants, gym and other amenities your tenants will value. Hardwood floors, generous layout and good natural light, nice kitchens and baths, replacement windows, standing seam metal roof on the 4-unit structure and newer architectural shingles on the 2-unit structure. In all, 4 - 1 bedroom apartments and 2 - 2 bedroom apartments. The 4-unit structure was fully renovated in 2000. Additional income opportunity from separate one car garage with workshop. The unimproved third floor of the 2-unit building was once living space with a kitchen and bath. After renovation, this could be a possible expansion of the second floor apartment or an additional unit, contingent on review of zoning and town approval.

More Info

Basic Information

  • Acreage6.9
  • List Price$650,000
  • MLS Number20193497
  • Property TypeMulti-Unit
  • SewerON SITE
  • Unit 3 SqFt1200
  • Units6
  • Year Built1920

Interior

  • FloorsCARPET, CERAMIC, HARDWOOD, VINYL
  • Unit 1 Baths2
  • Unit 1 Bedrooms2
  • Unit 2 Baths1
  • Unit 2 Bedrooms2
  • Unit 3 Baths1
  • Unit 3 Bedrooms1
  • Unit 4 Baths1
  • Unit 4 Bedrooms1
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1

Location

  • Address1494 Route 213
  • Area TownMARBLETOWN
  • Building Number1494
  • Elementary SchoolMARBLETOWN K-3
  • High School DistrictRONDOUT VALLEY
  • StateNY
  • StreetRoute 213
  • TownHigh Falls
  • Zip12440
  • ZoneR

Utilities

  • Cooling Air ConditioningCEILING FAN
  • Heat SourceBASEBOARD, RADIATORS
  • Heating FuelOIL
  • Hot WaterOIL

Other

  • AppliancesRANGE, REFRIGERATOR, WASHER, WATER SOFTENER
  • Lot20.1
  • Lot Dimensions6.9
  • Lot FeaturesLANDSCAPED, MEADOW, PARKING LOT
  • Lot SiteRURAL
  • PlumbingMIXED
  • StatusACT
  • ViewsMEADOW, MOUNTAIN, SEASONAL
  • View Count35

Building

  • AtticWALK UP, OTHER/SEE REMARKS
  • BasementUNFINISHED, CONCRETE FLOOR, BILCO DOOR
  • ConstructionFRAME/STICK
  • Garage Capacity1
  • Garage Parking ExtrasLOT-PAVED, OFF STREET
  • Garage TypeCarport Detached
  • Other BuildingsWORKSHOP
  • RoofASPH SHINGLE, METAL
  • SidingVINYL
  • Unit 1 Rent1275

Water Body

  • Lfd WaterDRILLED WELL

High Falls, NY Demographics

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High Falls, NY Real Estate Market Data

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High Falls, NY Schools

School NameDistanceTypeGrades
Listed by Laurel Sweeney, Berkshire Hathaway Homeservices Nutshell Realty

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