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2336 Route 145

Durham, NY 12423
  • $1,600,000
  • STATUS: Active Under Contract
  • ON SITE: 147 Days
  • MLS #: 139100
Under Contract
UPDATED: 49 min ago
$1,600,000
  • 17
    BEDS
  • 2.8
    ACRES
  • 17
    BATHS
  • 0
    1/2 BATHS
  • 9,864
    SQFT
  • $162
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Ratings & Info

School District:

Description

A Newly Renovated 16 Unit Apartment Building in Durham! The total annual rent roll for the 16 apartments is $182,400. There can be an additional unit in Building #2 for a total of 17 units. Building #1 (on the right which had been renovated several years ago) has 8 apartments. There are 4 studio apartments rented at $850 each & there are 4 - 1 bedroom apartments rented at $950 each. The total annual rent roll is $86,400 for Building #1. Building #2 (on the left which is being renovated now) will have 8 - 1 bedroom apartments rented at $1,000 per month for a total annual rent roll of $96,000 for the 8 units. A 9th unit can be added in Building #2 in the basement: a 2 bedroom apartment. There is a new septic system that can be added onto for additional buildings/units. The utilities are separate with each tenant paying for their own utilities. There is a large open backyard with a stream - Cornwallville Creek or Thorp Creek - & ample parking around the buildings.

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© 2022 Columbia Greene and Northern Dutchess MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Gabel Real Estate. Data last updated: 2022-01-26T23:46:26.967.
www.gabelrealestate.com/homes/121009940
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2336 Route 145 Durham, NY 12423

  • Price: $1,600,000
  • Status: Active Under Contract
  • On Site: 147 Days
  • Updated: 49 min ago
  • MLS #: 139100
17
Beds
17
Baths
0
½ Baths
2.8
Acres
9,864
SQFT
$162
$/SQFT
1970
Built
Neighborhood:
Durham
County:
Greene
Area:
Durham
School District:
Cairo-Durham
Property Description
A Newly Renovated 16 Unit Apartment Building in Durham! The total annual rent roll for the 16 apartments is $182,400. There can be an additional unit in Building #2 for a total of 17 units. Building #1 (on the right which had been renovated several years ago) has 8 apartments. There are 4 studio apartments rented at $850 each & there are 4 - 1 bedroom apartments rented at $950 each. The total annual rent roll is $86,400 for Building #1. Building #2 (on the left which is being renovated now) will have 8 - 1 bedroom apartments rented at $1,000 per month for a total annual rent roll of $96,000 for the 8 units. A 9th unit can be added in Building #2 in the basement: a 2 bedroom apartment. There is a new septic system that can be added onto for additional buildings/units. The utilities are separate with each tenant paying for their own utilities. There is a large open backyard with a stream - Cornwallville Creek or Thorp Creek - & ample parking around the buildings.
Exterior Features

Color Red Brick Construction BrickFrame Lot Measurement Acres Lot Square Footage 121968.00 Number Of Meters 9 Paved Street Yes Roof AsphaltShingle Siding Brick

Interior Features

Basement FinishedPartialUnfinished Heat Type Base BoardElectric Number Of Furnaces 0 Number Of Heaters 9 Water Heater Electric Windows Double Hung

Property Features

Condition Newly Renovated Electric 100 AmpsCircuit Breakers Flood Zone Yes Foundation BlockBrick/Mortar Garage Parking Parking Areas Other Tax 0.00 School Tax 2603.71 Sewer Septic Tank Town Tax 2237.26 Unit1 Description See Attached Rental Units Chart Unit1 Rent 0 Unit2 Description See Attached Rental Units Chart Unit2 Rent 0.00 Unit3 Description See Attached Rental Units Chart Unit3 Rent 0.00 Unit4 Description See Attached Rental Units Chart Unit4 Rent 0.00 Utilities Included See Rental Units Chart Village Tax 0.00 Water Well

Listing provided courtesy of Theodore Banta III of Rip Van Winkle Mountain Realty.


© 2022 Columbia Greene and Northern Dutchess MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Gabel Real Estate. Data last updated: 2022-01-26T23:46:26.967.
 
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Gabel Real Estate
798 Route 203
Spencertown NY, 12165