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Mamakating, 12790 $1,500,000

Multi Family For Sale  

Property Picture
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Details ML#: H800400  

  • Style: Multi Family
  • # of Families: 8
  • Year Built: 1978
  • Taxes: $18,000
  • Status:Active

Description

Fully Rented Mixed Use Multifamily With a Beautiful Restaurant & 7 newly renovated apartments with metered utilities. Multiple Business Operations! Fully Rented Apartment Building, New, Updated, Top Quality Finished Apartments. 7 - 1 Bedroom Apartments. Lots to Like With multiple Incomes to Rely On. Top-Shelf Restaurant Tenant Included. Restaurant renovated throughout. Including equipment, new bathrooms, commercial kitchen, bar, tables, flooring, outdoor dining area, sign systems, cable wiring. Add 7 - 1 Bedroom Apartments- Fully Renovated. All rooms have metered electric, new bathrooms, new kitchens, new appliances. CAP rate on all existing rented units 7.2%. Not including Storage Rental Business. Additional $25, 200 income when fully rented. BuildingAreaSource: Public Records, ConstructionDescription: Foam Insulation, Stucco,

More Property Details

Property Features

Garage: 0.0   Parking Spaces: Yes   Parking Facilities: Common, Parking Lot  

Appliances & Utilities

Heat: Oil, Baseboard   A/C: Ductless, None   Water: Public   Sewer: Septic Tank  

Financial

Taxes: $18,000  

Local Area Information

School District: Monticello  

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