Bethel, NY 12749,3584 Nys Hwy 55
$475,000
$399,900
18.8%
Est.Price: ?

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5 BD
3 BA
6,204 SqFt

3584 Nys Hwy 55 Bethel, NY 12749

Est. payment /mo
SOLD DATE : 06/30/2022

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Key Details

Sold Price $475,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,204 sqft

Price per Sqft $76

MLS Listing ID H6185058

Bedrooms 5

Full Baths 3

Year Built 1910

Annual Tax Amount $5,865

Lot Size 0.490 Acres

Property Description

Wow! What a great investment opportunity in one of Sullivan County's hottest locations! Downtown Kauneonga Lake has been dubbed "Restaurant Row" and is known for great eats on the lakefront strip in Bethel. Currently the building is set up as a 4 unit mixed-use investment with the Kauneonga Post Office as the anchor. There are three apartments all rented with under market value rents. Landlord pays heat and hot water and tenants pay electric. Post office pays all their own utilities and has a long term lease. According to Sullivan County records this is a legal 5 unit property. Large parking lot in rear for the tenants use, small deck and ramp in the front for ADA compliant access to commercial space. Great location across from lake, walk to the public launch, restaurants and shops. Moments from Bethel Woods Center for the Arts. Apartments are in good condition and there is a full walk up attic which could be used for studio, storage or add more living space with town approvals.

Location

State NY

County Sullivan

Interior

Heating Oil, Baseboard, Hot Water

Cooling Wall Unit(s), Window Unit(s)

Exterior

Garage Parking Lot, Off Street

Waterfront Description Water Access

View Y/N Yes

View Other, Lake, Water

Building

Lot Description Level

Sewer Public Sewer

Water Well

Structure Type Frame, Vinyl Siding

Schools

Elementary Schools Kenneth L Rutherford School

Middle Schools Call Listing Agent

High Schools Monticello High School

School District Monticello

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Listed by Malek Properties • 845-583-6333
Bought with Keller Williams Hudson Valley

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