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Key Details
Sold Price $571,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6169431
Year Built 1870
Annual Tax Amount $12,348
Lot Size 1.200 Acres
Property Sub-Type Multi Family
Property Description
ATTENTION INVESTORS --Milton, NY. Great cashflow from this 5 unit multifamily property on 1.7 acres, overlooking sweeping
vineyards. Works great as a straight investment. Or Live rent free. Let your tenants pay down the mortgage. And have leftover $$$$. Current cap rate is 11.65%. 2 detached buildings on the same lot with ample asphalted parking. All rental units are currently occupied . One loft like unit with deck will be available at the end of the month, creating the opportunity for an owner-occupied investment. The property is a 10 min. drive from downtown Poughkeepsie off Route 9W.Twenty mins. to Beacon, the Dia Museum and Storm King. Gorgeous nature and mountain views. Near to restaurants, bars., the Buttermilk Falls resort & Spa, the Falcon for live music and the majestic Hudson River. 90 minutes drive to NYC. Priced below market. Will move quickly. Additional Information: HeatingFuel:Oil Below Ground,
Location
State NY
County Ulster County
Interior
Heating Electric, Oil
Cooling Wall/Window Unit(s)
Exterior
Parking Features Common, Driveway, Other, Parking Lot
Utilities Available Trash Collection Private, See Remarks
View Mountain(s)
Building
Lot Description Corner Lot, Sloped, Views
Sewer Septic Tank
Water Drilled Well
Schools
Elementary Schools Contact Agent
Middle Schools Marlboro Middle School
High Schools Marlboro
School District Marlboro
Others
Special Listing Condition None
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Bought with Daniel Aubry Realty, LLC
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