349 Cold Spring Road, Monticello, NY 12701

$1,000,000
7,296
SqFt
Sold Price
$1,000,000
Days on Market
297
Closing Date
Sep 02, 2022
MLS#
H6151717
Status
CLOSED
Property Type
Multi Family
Year Built
1932
Property Tax
$3,241
Neighborhood
Thompson
School District
Monticello
High School
Monticello High School
Jr. High
Call Listing Agent
Elementary School
Emma C Chase School

Property Description

Once in a Lifetime Investment Opportunity!! Multi-family property, including a total of 5 structures with great income. Main Building consists of 2 levels plus attic, currently being renovated and is attached to 2 beautiful, 2 bedroom houses. Potential income for 12 rooms in the main building, 6 on the first level and 6 on the second level, once repaired ~ 2nd structure is divided into 2, 1 bedroom cottages with income from each cottage. ~ 3rd structure is a 1 bedroom cottage ~ 4th structure consists of 2 apartments both with 1 bed and bath ~ 5th structure is a 2 unit home with 1 bedroom and 1 bath each. Property has 3 wells, each well 1 1/5 horsepower, 2 of them used for the main house and cottages. Third well used for mobile home (being removed.) By the Pool and grass area, it is approved to put a 3 bedroom apt instead, has connection for sewer water electricity. Additional property coming up on the Market soon, 12 Temple Lane in Monticello, same owner separate deed. 3 bedroom, 2 bath property that is not occupied, has connections for well water and septic sewer. Asking $65,000, option to be sold together or separate. Great deal!

Additional Information

Square Footage
7,296
Acres
2.17
Parking
Parking Lot
Basement
Partial
Heating
Propane, ENERGY STAR Qualified Equipment, See Remarks
Cooling
None
Water
Well
Sewer
Other
55+ Community
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Simon Klein (simon@exitrv.com) from Listing Office: Exit Realty Venture.

Selling Office: Eisner NY LLC.

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