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12 Main Street

Wallkill, NY 12589
  • $599,000
  • STATUS: ACTIVE
  • MLS #: 20221330
New
$599,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1800
Area:

School Ratings & Info

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 19 years. 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 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Data Last Updated:2022-05-16T00:18:26.233
www.barbaracarterteam.com/homes/128679082
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12 Main Street Wallkill, NY 12589

  • Price: $599,000
  • Status: ACTIVE
  • On Site: Days
  • MLS #: 20221330
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1800
Built
Neighborhood:
Shawangunk
Area:
Shawangunk
School District:
Wallkillcentral
Property Description
Well maintained 5 unit investment property for sale in the highly desirable Hamlet of Wallkill. Owner retiring after owning this property for 19 years. 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/Stick Garage Parking Extras Off Street Garage Type None Roof Asph Shingle Siding AluminumVinyl

Interior Features

Appliances RangeRefrigerator Basement Full Floors Mixed Heat Source Hot Water Heating Fuel Natural Gas Hot Water Gas

Property Features

Annual Income 57900 Annual Net 42808 Annual Taxes 9203 Assessed 50000 Flood Plain No General Tax 2711 Listing Type Exclusive Right Lot Dimensions .11 Acres Lot Site Hamlet/Village Monthly Income 4825 Other Income 0 Owner Pays Taxes School Tax 6492 Sewer Municipal Style Detached Tenant Pays All Utilities Tenant Pays1 All Utilities Total Deposit 1 Total Taxes 9178 Type Multi-Unit Unit1 Rent 1125 Unit2 Rent 950 Unit3 Rent 900 Unit4 Rent 900 Unit5 Rent 900 Water Municipal

© 2022 by Hudson Valley Catskill Region MLS.
Listing # 20221330 provided courtesy of John Quinn of Quinn Realty Group Inc..
© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Data Last Updated:2022-05-16T00:18:26.233
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299
Highland NY, 12528