Active with Contract
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Listed by Ryan Basten, Berkshire Hathaway Homeservices Nutshell Realty
4 Family Apartment Complex in Stone Ridge, NY. Conveniently located close to bus stop, UCCC, Rt 209, town center and across from Mill Dam Pond. Units 2-4 are (2 bed, 1 bath) and owner occupies larger unit 1 (3 bed, 1 bath). All tenants are month to month and list price reflects a realistic 7% cap rate. New roof in 2020, updated electric, heating and septic, general updating needed, plenty of parking and storage. Beautiful setting in very desirable location. Call listing agent for showings and access.
More Info
Basic Information
- Owner Pays Gas, Grounds Care, Insurance, Repairs, Taxes, Water
- Parcel Number 62.3
- Tenant Pays Cable TV, Electricity, Trash Collection
- Total Actual Rent $68,400
- Unit 1 Information Actual Rent $2,200
- Unit 1 Information Unit Lease Terms 6 Month To Month
- Unit 2 Information Actual Rent $1,000
- Unit 2 Information Unit Lease Terms Month To Month
- Unit 3 Information Actual Rent $1,300
- Unit 3 Information Unit Lease Terms Month To Month
- Unit 4 Information Actual Rent $1,200
- Unit 4 Information Unit Lease Terms Month To Month
Property
- Other Structures Shed(s)
- Sign On Property YN Yes
Interior
- Flooring Wood
- Interior Features Beamed Ceilings, Bookcases, Cedar Closet(s), Natural Woodwork
Property Information
- Acreage16.9
- Lot Features Landscaped, Many Trees, Wetlands, Wooded
- Lot Size Square Feet 736,164
- Lot Size Units Acres
- Patio And Porch Features Patio
- Property Condition Fixer
- Square Feet4,050
Tax Information
- New Taxes Expense $10,000
- Taxes$8,749
Parking
- Parking Features Outside, Gravel, Driveway, Common
Basic Information
- List Price$520,000
- MLS Number20242853
- Mls Status Accepted Offer CTS
- Modification Date09/03/2024
- Property SubTypeQuadruplex
- StatusActive With Contract
Location
- Address70 Mill Dam Road
- AreaMarbletown
- Building Number70
- CountyUlster
- Mls Area Minor Marbletown
- StateNY
- StreetMill Dam Road
- TownStone Ridge
- Township Marbletown
- Zip12484
Exterior
- RoofAsphalt, Shingle
Utilities
- Electric 100 Amp Service
- Heating YN Yes
- Laundry Features Laundry Closet
- Plumbing Mixed
- Utilities Cable Connected, Electricity Connected, Water Connected, Propane
- Waste Water DisposalPrivate Sewer, Septic Tank
- Wood Stove Features Freestanding
Other
- Date Listed06/20/2024
- Listing Terms Cash, Conventional
- View Count45
School Information
- Elementary SchoolMarbletown K-3
- High School DistrictRondout Valley Schools
Rooms
- Bathroom4
- Bathrooms Total Decimal 4
- Unit 1 Information Baths Full 1
- Unit 1 Information Beds Total 3
- Unit 2 Information Baths Full 1
- Unit 2 Information Beds Total 2
- Unit 3 Information Baths Full 1
- Unit 3 Information Beds Total 2
- Unit 4 Information Baths Full 1
- Unit 4 Information Beds Total 2
Building
- Above Grade Finished Area 4,050
- Attic Features Pull-Down Stairs, Storage Only
- Building ConstructionBoard & Batten Siding
- FoundationStone
- Property StyleBarndominium
- Structure Type Quadruplex
- Units4
- Year Built1950
Amenities
- Appliances IncludedWasher, Refrigerator, Gas Water Heater, Gas Range, Dryer
- Other AmenitiesWater View
Water Body
- Water AccessPrivate, Well
Legal
- ZoningR1
20242853
Stone Ridge, NY Demographics
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20242853
Stone Ridge, NY Real Estate Market Data
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20242853
Stone Ridge, NY Schools
| School Name | Distance | Type | Grades |
|---|---|---|---|