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1104 State Route 52 Loch Sheldrake, NY 12759
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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,662 sqft
Price per Sqft $75
MLS Listing ID H6119756
Style See Remarks
Bedrooms 6
Full Baths 4
Year Built 1939
Annual Tax Amount $8,198
Lot Size 0.910 Acres
Property Description
A Unique Investment Opportunity Awaits! Up for sale is this 4-Unit house with two additional buildable lots, totaling 1.81 acres. The house is fully occupied by stable, long-term tenants that would be happy to stay. There are two 1BR apartments and two 2BR apartments, one of which has a loft (120+ SF) that can be used as an additional room. The house is located right near the lake & the convenient shops/restaurants that Loch Sheldrake has to offer. Currently, the house offers the tenants a large front & back yard with lots of open space & ample parking spots. The roof & boiler have both been replaced over the past few years. The two additional lots have desirable Mixed-Use zoning & like the house, have access to town water & sewer. The lots can be developed, merged, sold off etc., the opportunities are endless. Values in the Catskills have been on the rise, & rental inventory is low. Now is a great time to add this unique property to your portfolio of successful investments.
Location
State NY
County Sullivan
Interior
Heating Oil, Hot Water
Cooling Window Unit(s)
Flooring Hardwood
Exterior
Garage Driveway, Parking Lot
View Y/N Yes
View Panoramic, Water
Building
Lot Description Level, Part Wooded, Possible Sub Division
Sewer Sewer
Water Public
Structure Type Frame, Vinyl Siding
Schools
Elementary Schools Benjamin Cosor Elementary School
Middle Schools Fallsburg Junior-Senior High School
High Schools Fallsburg Junior-Senior High School
School District Fallsburg
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Bought with Non-Member MLS