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3584 Nys Hwy 55 Bethel, NY 12749
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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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Bought with Keller Williams Hudson Valley