3584 Nys Hwy 55, Bethel, NY 12749

$475,000
5
BD
3
BA
6,204
SqFt
Sold Price
$475,000
Days on Market
47
Closing Date
Jun 30, 2022
MLS#
H6185058
Status
CLOSED
Property Type
Multi Family
Year Built
1910
Property Tax
$5,865
Neighborhood
Bethel
School District
Monticello
High School
Monticello High School
Jr. High
Call Listing Agent
Elementary School
Kenneth L Rutherford School

Property Description

Wow! What a great investment opportunity in one of Sullivan County's hottest locations! Downtown Kauneonga Lake has been dubbed "Restaurant Row" and is known for great eats on the lakefront strip in Bethel. Currently the building is set up as a 4 unit mixed-use investment with the Kauneonga Post Office as the anchor. There are three apartments all rented with under market value rents. Landlord pays heat and hot water and tenants pay electric. Post office pays all their own utilities and has a long term lease. According to Sullivan County records this is a legal 5 unit property. Large parking lot in rear for the tenants use, small deck and ramp in the front for ADA compliant access to commercial space. Great location across from lake, walk to the public launch, restaurants and shops. Moments from Bethel Woods Center for the Arts. Apartments are in good condition and there is a full walk up attic which could be used for studio, storage or add more living space with town approvals.

Additional Information

Bedrooms
5
Bathrooms
3
Full Baths
3
Square Footage
6,204
Acres
0.49
Parking
Parking Lot, Off Street
Basement
Bilco Door(s), Full, Unfinished, Walk-Out Access
Heating
Oil, Baseboard, Hot Water
Cooling
Wall Unit(s), Window Unit(s)
Water
Well
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carol Malek (Carol@MalekProperties.com) from Listing Office: Malek Properties.

Selling Office: Keller Williams Hudson Valley.

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