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12 Main Street

Shawangunk, NY 12589
  • $599,000
  • STATUS: Active
  • MLS #: 408037
UPDATED: 129 min ago
$599,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,920
    SQFT
  • $153
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1800
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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© 2022 Mid-Hudson Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Information deemed reliable but not guaranteed. Data last updated 2022-05-20T23:33:15.063.
www.barbaracarterteam.com/homes/128679777
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12 Main Street Shawangunk, NY 12589

  • Price: $599,000
  • Status: Active
  • On Site: Days
  • Updated: 129 min ago
  • MLS #: 408037
0
Beds
0
Baths
0
½ Baths
0.11
Acres
3,920
SQFT
$153
$/SQFT
1800
Built
Neighborhood:
None
County:
Ulster
Area:
Ulster County
Elementary School:
Other
Middle School:
Wallkill Middle
High School:
Wallkill Senior Hs
School District:
WALLKILL CENTRAL
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.
Exterior Features

Construction Frame Exterior AluminumVinyl Exterior Features Other Lot Description Corner Parking Off Street Roof Asphalt Shingles

Interior Features

Basement Full Cooling None Heating Gas Sq Ft Above Grade 3920 Sq Ft Below Grade 0 Sq Ft Unfinished 0

Property Features

Assessed Value 50000 Electric Expense 714 Exemption None Foreclosure No Gross Income 57900 Insurance Expense 3127 Land Tax 2711 Multifamily Type 5+ Family Net Income 42783 Occupant Tenant Other Expense Trash Other Expense1 732 School Tax 6492 Short Sale No Sq Ft Source Public Records Sub Type 5+ Family Tax Amount 9203 Tax Year 2021 Township Shawangunk Village Tax 0 Water Sewer City SewerCity Water Water Sewer Expense 1341 Zoning Sb

Listing courtesy of Quinn Realty Group Hl: 845-883-7700. © 2022 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.Information Believed Accurate But Not Warranted.


© 2022 Mid-Hudson Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Information deemed reliable but not guaranteed. Data last updated 2022-05-20T23:33:15.063.
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299
Highland NY, 12528