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431-437 Crescent AVE Highland, NY 12528
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Key Details
Sold Price $635,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6268485
Sold Date 02/02/24
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1930
Annual Tax Amount $13,000
Lot Size 7.500 Acres
Acres 7.5
Property Sub-Type Multi Family
Property Description
STOP THE CAR! Unique opportunity to own this 5 unit investment property located in the heart of Ulster County and apple country! Situated on 7.5 bucolic acres, 3 stand alone cottages and an old style 2 Family, consisting of four 2 bedroom units, and a 1 bedroom. Amazing CASH FLOW! Almost $100K in yearly gross income, and almost $70K current NOI. Tasteful updates throughout keeping the old-style charm with a new age twist! All units occupied and current. Separate electric meters on all units. List price is at a 9% CAP! THIS WILL NOT LAST! Additional Information: HeatingFuel:Oil Above Ground,
Location
Province NY
County Ulster County
Rooms
Basement Crawl Space, Full, Unfinished
Interior
Heating Electric, Oil, Propane
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features Driveway, Off Street, Parking Lot
Utilities Available Trash Collection Private
Total Parking Spaces 8
Building
Lot Description Part Wooded
Sewer Septic Tank
Water Drilled Well
Structure Type Frame,Vinyl Siding,Wood Siding
Schools
Elementary Schools Highland Elementary School
Middle Schools Highland Middle School
High Schools Highland High School
School District Highland
Others
Special Listing Condition None
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Bought with ARC Realty 1 in Sales