
Description
RARE OPPORTUNITY. FIRST TIME ON THE MARKET FOR THESE FOUR DUPLEX HOMES. Highly sought after, unlike anything in the area. Stunning portfolio. 7.5% CAP with upside, many long term tenants with below market rent. Solidly built and well maintained, this collection of five side-by-side colonial homes delivers a total of ten rental units on the same cul de sac. Each of the ten units boasts 3,000 square feet of heated living space with basements. Architecturally designed to maximize privacy, each home offers three bedrooms, 1.5 baths, first-floor laundry and a basement/or upper level bonus room. These properties are all in excellent condition and come with high-end finishes such as granite counters, ceramic tile and maple cabinetry. These four duplex homes represent an unmatched BUSINESS INVESTMENT. All separate utilities. TENANTS PAY ALL EXPENSES except lawn care. YOU WILL NOT FIND A BETTER SIDE-BY-SIDE MULTI-FAMILY INVESTMENT. Part of the desirable Wallkill school district, these properties are enhanced by ready access to the Hudson Valley's top outdoor recreation attractions, including Shawangunk ridge, rail trails/hiking, wineries/breweries, and farms.
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24BEDS
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12.8ACRES
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8BATHS
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81/2 BATHS
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12,010SQFT
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$192$/SQFT
School Information
Description
RARE OPPORTUNITY. FIRST TIME ON THE MARKET FOR THESE FOUR DUPLEX HOMES. Highly sought after, unlike anything in the area. Stunning portfolio. 7.5% CAP with upside, many long term tenants with below market rent. Solidly built and well maintained, this collection of five side-by-side colonial homes delivers a total of ten rental units on the same cul de sac. Each of the ten units boasts 3,000 square feet of heated living space with basements. Architecturally designed to maximize privacy, each home offers three bedrooms, 1.5 baths, first-floor laundry and a basement/or upper level bonus room. These properties are all in excellent condition and come with high-end finishes such as granite counters, ceramic tile and maple cabinetry. These four duplex homes represent an unmatched BUSINESS INVESTMENT. All separate utilities. TENANTS PAY ALL EXPENSES except lawn care. YOU WILL NOT FIND A BETTER SIDE-BY-SIDE MULTI-FAMILY INVESTMENT. Part of the desirable Wallkill school district, these properties are enhanced by ready access to the Hudson Valley's top outdoor recreation attractions, including Shawangunk ridge, rail trails/hiking, wineries/breweries, and farms.
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© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2023-03-31T00:17:35.577.