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Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6187015
Style Colonial
Bedrooms 6
Full Baths 2
Half Baths 1
Year Built 1915
Annual Tax Amount $6,600
Lot Size 5,000 Sqft
Property Sub-Type Duplex
Property Description
A/O. No more showings. Great Investment Opportunity, Earn 12% + return on Investment* Huge @580 SF 2 Family duplex with each unit boasting 2 floors with 3 spacious Bedrooms upstairs. Downstairs features Kitchen Large Formal Dining rooms and Living room. On unit has a full Bathropom and Half Bathroom while other unit has one bathroom. Needs work but potential is amazing!!! Two Car Garage so each tenant gets one bay. Large Rocking chair porch and rear deck. Good Area in Uptown location. walk to everything very convenient. Cap Rate of 12 is based on approximately $75,000 in renovation costs plus the $175,000 sale price for a total of $250,000 versus the Rental income of $1700 per month total $3,400 per month and Net profit after all expenses of $31,000. Or live in one unit and let other apt pay your rent. EZ to show vacant. Additional Information: ParkingFeatures:2 Car Detached,AdjustedGOI:34100,
Location
State NY
County Orange County
Interior
Heating Natural Gas, Radiant
Cooling None
Exterior
Parking Features Detached, Driveway
Utilities Available Trash Collection Public
Building
Lot Description Level, Near Public Transit, Near School
Sewer Public Sewer
Water Public
Structure Type Cedar,Frame,Shake Siding
Schools
Elementary Schools Anna S Kuhl Elementary School
Middle Schools Port Jervis Middle School
High Schools Port Jervis
School District Port Jervis
Others
Special Listing Condition None
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Bought with Orange West Realty
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