INVESTMENT OPPORTUNITY - Four apartment units; each with its own electric meter in a 10,000 square foot building in park like setting on a bucolic road. Projected cash flow of $59,607 is a 9.93% return on investment. The 4 units are on 10+ acres with view of Protected water feature AND a separately metered 5500 +/- square feet unfinished barn!! DEVELOPMENT OPPORTUNITY!! another THREE subdivided BOHA approved lots are listed separately. ALL the lots are listed below.. SBL 6-462, 3, 410; 6-462, 3, 411; 6-462, 3, 412; 6-462, 3, 354. OR THERE ARE WAYS TO DEVELOP THIS PROPERTY MORE DENSELY -SEE OPTIONS IN ATTACHED DOCS!
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Basic Information
Acreage10.7
List Price$600,000
MLS Number20220671
MlsStatusACTIVE
Property Type4 Family
Unit 2 SqFt1100
Unit 3 SqFt1100
Unit 4 SqFt900
Units4
Year Built1950
Amenities
Other AmenitiesBasement, Fireplace
Other
AppliancesOVEN-BUILT IN, RANGE, REFRIGERATOR
Lot354
Lot Dimensions10.7 acres
Short SaleNo
WoodstoveFREESTANDING
View Count19
Location
Address79 Traver Road
Area TownDUTCHESS
Building Number79
High School DistrictArlington Central School District