This Multifamily Property is no longer advertised on LoopNet.com.

5 Ark St
Philmont, NY 12565
5-Unit Apartment House - Philmont · Multifamily Property For Sale · 5 Units

Investment Highlights

  • 5 family, 11 beds, 5 baths, great cash flow.
  • Yearly Gross Rental Income of $74,400. Yearly Expenses $19,614. Cap Rate of 11.53%.
  • Fully occupied, with a number of tenants on month to month leases

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 5,276 SF
Average Occupancy 100%
No. Stories 3
Year Built 1969
Parking Ratio 1.9/1,000 SF
Zoning 07

Amenities

Unit Amenities

  • Washer/Dryer Hookup

Site Amenities

  • Vintage Building

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 3 $1,525 -
1+1 2 $800.00 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 102801-113-009-0002-069-000-0000
  • 102801-113-009-0002-068-000-0000
Land Assessment
$55,300
Improvements Assessment
$374,700
Total Assessment
$430,000
  • Listing ID: 19807394

  • Date on Market: 6/5/2020

  • Last Updated:

  • Address: 5 Ark St, Philmont, NY 12565

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}