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21 Nevins Street Ellenville NY, 12428
$629,000
  • Under Contract
  • 5639 SqFt
  • Year Built 1910
  • Multi Family
  • ML# H6310927

Property Details

Overview

Incredible investment opportunity with two distinct dwellings on a single property! The first is a charming single-family home featuring 3 bedrooms, 1.5 bathrooms, ceramic and wood floors, a basement, a relaxing rocking chair porch, a back deck with expansive views of the large yard, and tenants responsible for all utilities. Additionally, there’s a five-family residence boasting a spacious parking lot and three separate entrances. Each of the five well-appointed apartments consists of one bedroom and includes tenant-paid electricity, while the owner covers heating, garbage, and water expenses. Nestled at the end of a tranquil dead-end street on the outskirts of town, yet conveniently close to amenities, this property boasts a consistent vacancy rate of less than 5% over the past three years. The five-family building received a new roof in 2017, while the single-family home’s roof is approximately 10 years old. Meticulously maintained and managed, this property offers a robust cap rate of 10. Security cameras are installed on the premises, and the property is fully occupied with tenants. For privacy and to respect current tenants, do not walk on the property without a confirmed showing appointment. Additional Information: HeatingFuel:Oil Above Ground,

Key Facts

  • SqFt: 5639.00
  • Lot Size: 0.85
  • Lot Sq Ft: 37026
  • Taxes: $11,119
  • Sale or Rent: Sale
  • School District: Ellenville Elementary School

Additional Features

  • Construction Materials: Clapboard, Frame
  • Parking Spaces: Yes
  • Parking Facilities: Driveway, Parking Lot

Rooms & Floor Plans

  • Bedroom: 8
  • Full Bath: 6

Interior & Utilities

  • Heat: Oil
  • A/C: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $11,119
  1. Presented by

    Brian Phillips Team - Douglas Elliman

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