Claverack NY Multi Family for Sale
$1,850,000
167 State Route 23 Claverack, NY 12513
- Type:
- Multi-Family
- Sq.Ft.:
- 16,000
- Status:
- Active
- Beds:
- 30
- Lot size:
- 2.13 Acres
- Year built:
- 1971
- Baths:
- 16.00
- MLS#:
- 152736
ADDITIONAL INFORMATION
It's rare to come across such a unique investment opportunity in our area. The current property owner has maintained and cared for this property since 1978, with tenants rarely leaving. Most tenants have resided there for over a decade. The property spans 2.13 acres and comprises four separate buildings, each housing four rental units, totaling 16 apartments. There are 14 two-bedroom apartments and two one-bedroom apartments. Tenants cover their heat and utilities, except for the rear colonial building where the owner pays for oil heat. While only three apartments in the colonial building have dishwashers, all other apartments are furnished with a stove, refrigerator, dishwasher, water heater, microwave, and air conditioner. Tenants have access to two parking lots, with the owner handling trash removal, snow removal, lawn maintenance, and providing coin-operated laundry facilities. All tenants are on a month-to-month lease, and there's a waiting list for apartments. The current annual gross rental income is $137,000 with expenses at $67,139. Rents are currently below market value, averaging $812.00 per apartment. The complex is fully occupied, with one unit under renovation and another used by the owner when in the area. This is a fantastic opportunity for serious investors to benefit from the owner's hard work. Proof of funds is required before showings.
The data relating to real estate for sale on this web site comes in part from the Columbia Greene Northern Dutchess MLS. Real estate listings held by brokerage firms other than Xome include the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 Columbia Greene Northern Dutchess MLS. All rights reserved.
Claverack Real Estate
The median home value in Claverack, NY is $535,000. This is higher than the county median home value of $228,800. The national median home value is $219,700. The average price of homes sold in Claverack, NY is $535,000. Approximately 54.89% of Claverack homes are owned, compared to 36.59% rented, while 8.52% are vacant. Claverack real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Claverack real estate agent to arrange a tour today!
Claverack, New York has a population of 5,824. Claverack is less family-centric than the surrounding county with 19.94% of the households containing married families with children. The county average for households married with children is 24.08%.
The median household income in Claverack, New York is $52,879. The median household income for the surrounding county is $61,093 compared to the national median of $57,652. The median age of people living in Claverack is 50.6 years.
Claverack Weather
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 46.6 inches per year, with 38.5 inches of snow per year.