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Listed by Louis Naccarato, Berardi Realty
INVESTMENT OPPORTUNITY IS KNOCKING!! - Excellent value in this 4 family rental. Live in one and rent out all 3. Only 8 minutes to the village of Phoenicia, 15 minutes to Hunter and 2.5 hrs to NYC. Fishing, kayaking, snow tubing, skiing, music festivals and restaurants near by. 3 out of the 4 units were updated in the past 15 years. Roof was done in the last 5 years. Some windows have been replaced and the boiler in #4 is new. Electric is serviced by NY State Electric and gas which is lower than Central Hudson E & G. All rents are well below market values, Cap rate at asking price is 7.43% - See associated docs for the full income & expense sheet.

More Info

Basic Information

  • Acreage2.25
  • List Price$525,000
  • MLS Number20223467
  • MlsStatusACTIVE
  • Property Type4 Family
  • SewerSEPTIC-INGR.
  • StyleSPLIT LEVEL
  • TermsNONE
  • Units4
  • Year Built1972

Amenities

  • Other AmenitiesBasement, Fireplace, Garden

Water Body

  • Lfd WaterDRILLED WELL
  • Water FeaturesSTREAM

Other

  • AppliancesDISHWASHER, DRYER, RANGE, REFRIGERATOR, WASHER
  • Electricity200 AMPS
  • Lot-17
  • Lot Dimensions2.25
  • Lot FeaturesLEVEL, PARKING LOT, PRIVATE
  • Lot SiteRURAL
  • PlumbingMIXED
  • Short SaleNo
  • View Count36

Location

  • Address13 Private Road
  • Area TownSHANDAKEN
  • Building Number13
  • High School DistrictOnteora Central
  • StateNY
  • StreetPrivate Road
  • TownChichester
  • Zip12416
  • ZoneR3

Interior

  • AmenitiesCOMMON LAUNDRY, GARDEN AREA, PLAY AREA
  • Fireplace DescriptionBRICK
  • Fireplace LocationLIVING ROOM
  • FloorsCARPET, CERAMIC, VINYL
  • Unit 1 Baths1
  • Unit 1 Bedrooms1
  • Unit 2 Baths1
  • Unit 2 Bedrooms1
  • Unit 3 Baths1
  • Unit 3 Bedrooms3
  • Unit 4 Baths1
  • Unit 4 Bedrooms3

Building

  • AtticOTHER/SEE REMARKS
  • BasementPARTIAL
  • ConstructionALUMINUM, FRAME/STICK
  • Garage Capacity2
  • Garage Parking Extras2 CAR
  • Garage TypeGarage Detached
  • RoofASPH SHINGLE
  • SidingALUMINUM
  • Unit 1 Rent600

Utilities

  • Cooling Air ConditioningWINDOW UNIT
  • Heat SourceBASEBOARD
  • Heating FuelOIL
  • Hot WaterOIL

Chichester, NY Demographics

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Chichester, NY Real Estate Market Data

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Chichester, NY Schools

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