21 Nevins Street, Ellenville, NY 12428

$629,000
8
BD
7
BA
5,639
SqFt
List Price
$629,000
Days on Market
45
MLS#
H6310927
Status
PENDING
Property Type
Multi Family
Year Built
1910
Property Tax
$11,119
Neighborhood
Wawarsing
School District
Ellenville
High School
Ellenville High School
Jr. High
Ellenville Middle School
Elementary School
Ellenville Elementary School

Property Description

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

Bedrooms
8
Bathrooms
7
Full Baths
6
Half Baths
1
Square Footage
5,639
Acres
0.85
Parking
Driveway, Parking Lot
Basement
Full
Heating
Oil, Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jacob Fried (friedj7611@gmail.com) from Listing Office: Keller Williams Realty.

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