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1494 Route 213
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6.90 Acres

$650,000

Multi-FamilyMLS #201934979 Days

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.

Essential Information

  • MLS® #20193497
  • Price$650,000
  • Acres6.90
  • Year Built1920
  • TypeMulti-Family
  • Sub-TypeMulti-Unit
  • StatusACTIVE

Interior

  • Interior FeaturesCABLE READY
  • AppliancesRANGE, REFRIGERATOR, WASHER, WATER SOFTENER
  • HeatingBASEBOARD, RADIATORS
  • CoolingCEILING FAN

Additional Information

  • ZoningR

Community Information

  • Address1494 Route 213
  • AreaMARBLETOWN
  • CityHigh Falls
  • StateNY
  • Zip Code12440

Exterior

  • Exterior FeaturesLANDSCAPED
  • Lot DescriptionLANDSCAPED, MEADOW, PARKING LOT
  • RoofASPH SHINGLE, METAL
  • ConstructionFRAME/STICK

Listing Details

  • Listing AgentLaurel Sweeney
  • Listing OfficeBerkshire Hathaway Homeservices Nutshell Realty

Amenities

  • ParkingLOT-PAVED, OFF STREET
  • # of Garages1
  • GaragesCarport Detached
  • ViewMEADOW, MOUNTAIN, SEASONAL

School Information

  • DistrictRONDOUT VALLEY
  • ElementaryMARBLETOWN
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