Listing Courtesy of: Abraham Lowy - MK Realty Inc 845-782-0205
$1,700,000 affordable loan icon Calculate Payment

808-812-818-820 State Route 17b Thompson, NY 12701

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Other Residence
22 Beds
13 Baths
Sq. Ft.
3 Acre Lot

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Last updated on 11/7/2024 11:30 AM
EXCELLENT INCOME-PRODUCING PROPERTY! - 4 BUILDINGS - 13 UNITS! It's situated on a spacious 3.46-acre lot in the prime Monticello area. The addresses are #808, #812, #818, and #820 State Route 17B with an SBL of 17-1-2. Building #808 has 5 units with 4 two-bedroom units and one studio unit. Building ...#812 has 6 units with four two-bedroom units and two one-bedroom units. Building #818 is a three-bedroom, ranch-style home, while Building #820 is a one-bedroom, one-loft bedroom cottage. Most apartments are currently occupied and generate additional income from a public laundry room. Many units have been recently renovated, ensuring excellent condition. The property offers significant potential for additional income, including options to separate utilities and add more units. Recent appraisal valued at $1.8 million! With a pro forma cap rate of nearly 9%, this is a fantastic investment opportunity! Continue reading
MLS#
H6334685
Property Type
Other
Bedrooms
22
Bathrooms
13 Full
Year Built
1951
Lot Size
3
Sewer
Holding Tank

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Listing Courtesy of: Abraham Lowy - MK Realty Inc 845-782-0205
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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