12 Main Street, Pine Bush, NY 12566

$500,000
3,920
SqFt
Sold Price
$500,000
Days on Market
175
Closing Date
Nov 04, 2022
MLS#
H6184985
Status
CLOSED
Property Type
Multi Family
Year Built
1800
Property Tax
$9,203
Neighborhood
Shawangunk
School District
Wallkill
High School
Wallkill Senior High School
Jr. High
Call Listing Agent
Elementary School
Plattekill Elementary School

Property Description

Well maintained 5 unit investment property for sale in the highly desirable Hamlet of Wallkill. Owner retiring after owning this property for 19years. This is a turn key property with recent updates including new exterior vinyl siding installed on the entire building just last fall. Municipal water and sewer and natural gas. All units are rented with zero vacancies over many years. Tenants pay for heat, hot water, and electric. Coin operated washer and dryer. Off street parking for 10 cars at rear of building. Current gross income is $57,900 due to some long term tenants. Potential gross annual rents in the $70,000 to $75,000 range. Great location with huge rental demand and rising rents in the Hamlet of Wallkill just north of Newburgh and Middletown and south of New Paltz. Property Management is available which would allow the property to basically run itself.

Additional Information

Square Footage
3,920
Acres
0.11
Parking
Off Street
Basement
Full
Heating
Natural Gas, Hot Water
Cooling
None
Water
Public
Sewer
Public Sewer

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: John E Quinn (john5@quinnrealtygrp.com) from Listing Office: Quinn Realty Group Inc.

Selling Office: Rand Commercial.

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