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Grahamsville,NY 12740
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,764 sqft
Price per Sqft $179
MLS Listing ID H6291421
Style Two Story
Bedrooms 5
Full Baths 4
Originating Board onekey
Rental Info No
Year Built 1939
Annual Tax Amount $3,620
Lot Size 0.710 Acres
Acres 0.71
Property Description
LUCRATIVE INVESTOR OPPORTUNITY, live in one unit and rent out the other three, or accommodate a large family. Immaculately maintained, renovated, turnkey legal 4 family home. $75K reduction, priced to sell. ~$50K+ annual profit. LOW TAXES. Certificate of Occupancy, 100% to code. Three 1 bed, 1 bath apartments and one 2 bed, 1 bath apartment. Currently all 4 units are rented on a month to month basis without active leases in place. Square footage: Unit A- 640 sqft, Unit B- 800 sqft, Unit C- 1000 sqft, Unit D- 665 sqft. Located in Grahamsville, Sullivan County Catskills, the home of The Little World's Fair, the oldest in NY. This stately multifamily with a wraparound porch is located in a prime location: right on Main Street, County Route 55. Grahamsville has a charming small town, old world ambiance. This tranquil setting is surrounded by breathtaking mountains, creeks for boating and fishing, and reservoirs. Enjoy swimming, hiking, a multitude of state parks, Bethel Woods, the casino, shopping, Minnewaska State Park, Kartrite Resort and Indoor Water Park, Holiday Mountain Ski and Fun Park, lakes, wineries, eateries, golf, skiing, paragliding, festivals, and much more. Minutes from neighboring Ulster County; 25 min to Monticello and its casino, Resorts World Catskills; 20 min to Route 209, Ellenville, and Kerhonkson; under 30 min to NY-17. Seller has been meticulously maintaining and upgrading the property for many years. Property has been fully occupied with tenants for the last 30+ years. No capital improvements will be required in the foreseeable future. Walking distance to Tri-Valley Central School, grades K-12. Walking distance to bank, post office, shops, park. Tenants pay all utilities and trash, municipal sewer. 5 electric meters, 5 gas meters, 4 hot water heaters, 4 boilers. All utilities are turned on. Ample parking for up to 12 vehicles. Generator included in sale. 2 of the units feature fireplaces. Town residents can enjoy the pool, tennis, pickleball, basketball, ice skating, and fields for ball sports. Currently below market rent. Schedule your appointment today!
Location
State NY
County Sullivan
Rooms
Basement Unfinished,Walk-Out Access
Interior
Interior Features First Floor Bedroom,Eat-in Kitchen,Walk-In Closet(s)
Heating Propane,Baseboard
Cooling None
Fireplace No
Exterior
Garage Common,Driveway,Unassigned
Waterfront Description Lake/Pond/Stream
Parking Type Common,Driveway,Unassigned
Total Parking Spaces 12
Garage false
Building
Lot Description Historic District,Level
Sewer Public Sewer
Water Well
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Tri-Valley Elementary School
Middle Schools Tri-Valley Secondary School
High Schools Tri-Valley Secondary School
School District Tri-Valley
Others
Senior Community No
Special Listing Condition None