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Browse More Listings in Multifamily For Sale, CUDDEBACKVILLE, NY or New York

Multifamily Property - Off Market

10 UNITS-8 APTS & 2 COMM SPACES

1007A ROUTE 209, CUDDEBACKVILLE, NY 12729

Price:
N/A
No. Units:
10
Building Size:
6,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
9.70%
Occupancy:
100%
No. Stories:
1
Year Built:
1994
Lot Size:
2.17 AC
Parking Ratio:
5 / 1,000 SF

Last Verified 5/8/2009 Listing ID 15076852

Highlights

GREAT INVESTMENT
GREAT LOCATION
VERY GOOD CONDITION THROUGHOUT

Near Major Highways & Conveniences
OWNER LIVE IN & SELF BUSINESS WITH INCOME
GROWING AREA WITH GREAT COMMUTING AVAIL

Description

PROPERTY CONSISTS OF TWO SEPARATELY DEEDED PROPERTIES - (5 APTS & 1 COTTAGE) - (1 3BD APT & 2 COMMERCIAL SPACES & 1 ICE CREAM STAND FULLY EQUIPPED FOR TURN-KEY OPERATION) IN VERY GOOD CONDITION WITH POTENTIAL TO EXPAND. BOTH PROPERTIES HAVE LARGE PARKING LOTS TO ACCOMODATE ALL TENANTS AND BUSINESSES - WELLS & SEPTIC SYSTEMS - WALKWAYS - NEW ROOFS - LAUNDRY FACILITIES - MANY AMENITIES

PROPERTY IS LOCATED ON STATE HIGHWAY 209 JUST 10 MINUTES FROM MIDDLETOWN, NY 10940. A NEW TRAIN TERMINAL RECENTLY ESTABLISHED IN OTISVILLE, NY JUST 5 MINUTES AWAY WITH DIRECT ACCESS TO NEW YORK CITY AND NEW JERSEY. APTS AND COTTAGE BUILT IN 1950 & 1980 ALL FULLY RENOVATED IN 2005 - APT COMMERCIAL SPACES AND ICE CREAM STAND BUILT NEW 1994. NEAR ALL CONVENIENCES, SHOPPING, PLACES OF WORSHIP, BUS & TRAIN TRANSPORTATION. STEWART AIRPORT (NOW AN INTERNATIONAL AIRPORT) JUST 25 MINUTES AWAY. ALL SITE VISITS AND PREVIEWS MUST BE CLEARED BY REALTOR FIRST.

Map of 1007A ROUTE 209, CUDDEBACKVILLE, NY 12729 (Orange County)

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Created 4/4/2007

Additional Information for 1007a Us Route 209, Cuddebackville, NY 12729

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 10 UNITS-8 APTS & 2 COMM SPACES

1007A ROUTE 209, CUDDEBACKVILLE, NY, 12729