330 Route 55, Napanoch

$349,900

0 Beds
0 Baths
0 Sqft
1½ Acres
0 Garages

Solid 7 unit apartment building with detached 1 bedroom cottage located in the convenient Wawarsing Town, close to Route 209, Ellenville and major shopping. This second generation owned property is well managed with a very low vacancy, most tenants are long term with well maintained apartments. There are (5) one bedroom units and (2) two bedroom, two story units and a 1 bedroom detached cottage. The apartment building has a large storage area/utility room that has a washer and dryer hookup. An oil boiler does heating and hot water and the owner also has a outdoor coal burning furnace if a buyer would like to keep the heating costs very low. Owner pays for all utilities, each unit has its own heating thermostat. At asking price the property has a 9.03% cap rate including all expenses, 5% repair and maintenance and a 5% vacancy rate. Motivated seller!! Full income and expense sheet is available. Land is on both sides of the street and property fronts the Rondout Creek, tenants can enjoy plenty of off street parking, yard space and fishing and boating on the Creek.

Essential Information
MLS® #20193895
Price$349,900
Acres1.50
Year Built1950
TypeMulti-Family
Sub-TypeMulti-Unit
StyleAPT. COMPLEX
StatusACTIVE
Community Information
Address330 Route 55
AreaWAWARSING
CityNapanoch
CountyUlster County
StateNY
Zip Code12586
Amenities
GaragesNone
ViewWATER
Is WaterfrontYes
Amenities

COMMON LAUNDRY, GARDEN AREA, PLAY AREA

Parking

DRIVEWAY, OFF STREET, LOT-PAVED

Interior
AppliancesRANGE, REFRIGERATOR
FireplacesNONE
Interior Features

SMOKE DETECTOR, CARBON MONIXIDE DETECTOR

Heating

BASEBOARD, HOT WATER, MULTI-FUEL FURNACE

Exterior
Exterior FeaturesLANDSCAPED
RoofASPH SHINGLE, METAL
ConstructionFRAME/STICK
Lot Description

LANDSCAPED, PARKING LOT, SLOPE-GENTLY, OTHER/SEE REMARKS, WATER FRONTAGE

School Information
DistrictELLENVILLECENTR
ElementaryELLENVILLE
Additional Information
ZoningComm
Listing Details
AgentWinton Morrison
OfficeWin Morrison Realty
LISTING MAP

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