Description
FABULOUS 6-unit income producing property looking for its next investor to take over. This property offers 2 houses with 1 bedroom plus a den, which is being used as a second bedroom on each floor. The chalet offers 1 bedroom plus a loft upstairs, and a 1 bedroom apartment on the first floor. This property is fully rented and generating a 5% cap rate. The owner is currently paying snow/ lawn care, heat and the electric and still generating a substantial amount of income. Beautiful well maintained property located on a quiet road near the Kaaterskill Creek and MainStreet in Catskill.
-
9BEDS
-
2.55ACRES
-
6BATHS
-
01/2 BATHS
-
3,168SQFT
-
$181$/SQFT
Description
FABULOUS 6-unit income producing property looking for its next investor to take over. This property offers 2 houses with 1 bedroom plus a den, which is being used as a second bedroom on each floor. The chalet offers 1 bedroom plus a loft upstairs, and a 1 bedroom apartment on the first floor. This property is fully rented and generating a 5% cap rate. The owner is currently paying snow/ lawn care, heat and the electric and still generating a substantial amount of income. Beautiful well maintained property located on a quiet road near the Kaaterskill Creek and MainStreet in Catskill.
© 2021 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: 2021-01-17T19:46:23.6.