Chester, NY 10918,10-14-26 Main ST
$1,400,000
$1,500,000
6.7%
Est.Price: ?

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10-14-26 Main ST Chester, NY 10918

Est. payment /mo
SOLD DATE : 02/01/2024

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Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYH6261950

Sold Date 02/01/24

HOA Y/N No

Originating Board onekey2

Rental Info No

Year Built 1850

Property Sub-Type Multi Family

Property Description

3 Fully leased buildings in the Village of Chester and 1 building lot which is parking for units selling as a package. Cap rate is 8% with $159,000 income and $35,541 expenses. There is very little if any deferred maintenance on these well maintained properties other than front painting. All separate utilities. Rents are under market but long term tenants who are stable and keep the units clean. Very cute and clean units. I only show 2 units here but they all look the same, redone a few years ago. Great long term investment. There is presently management in place but they are not staying on. My company has a management company that would be willing to manage. With substantial down payment from quality purchaser, financing is possible. Vacant lot is used for parking for the tenants. Brochure in documents.

Location

Province NY

County Orange County

Interior

Heating Forced Air, Natural Gas

Cooling Ductless, Wall/Window Unit(s)

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features Parking Lot

Building

Lot Description Level

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

School District Chester

Others

Special Listing Condition None

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Listed by Keller Williams Realty
Bought with Keller Williams Realty

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agent

EXp Realty

+1(833) 303-0610

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