Turnkey investment, Great Income-producing property with low taxes, and separate utilities. With potential for an 11 per. cap rate, you cant go wrong! This 2-family house has just been nicely updated and renovated. The first-floor unit has two bedrooms and one bath, and the market rent is in the 1,700 a month range. The second-floor apartment is two bedrooms and 1 bath, with 2 extra finished rooms (3rd floor) that can be used for office, gym, play area, family room, library, etc. The market rent is in the 2,000 range. Tenants pay for all utilities, heat for the first-floor units is electric, and heat for the 2nd floor unit is forced hot air oil. The landlord pays insurance, water, sewer, snow, lawn, and taxes. The home is set far back on the lot with a large front yard. Close to the village of Ellenville, Route 209, and Route 52. Short distance to the Shawangunk Mountains Scenic View, shops, restaurants, and amenities. Buy now and watch your investment grow; this area is one of the fastest-growing areas of Ulster County.
Estimated Payment
$ 1,946.13 per month $1,415.33 Principal & Interest $449.17 Property Tax $81.64 Homeowner's InsuranceListing By
Agency Name: Berardi Realty
Agency Phone: 845-201-1111
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
17 Rear Chapel Street | MLS# 864836
This single family home located at 17 Rear Chapel Street, Ellenville, NY 12428 is currently listed for sale with an asking price of $279,900. This property was built in 1957 and has 4 bedrooms and 2 full baths with 2120 sq. ft. Rear Chapel Street is located within the Contact Agent school district. Search Ellenville real estate on www.cbamhomes.com today.