21 Nevins ST Pending Save Request In-Person Tour Request Virtual Tour
Ellenville,NY 12428
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEYH6310927
Originating Board onekey2
Rental Info No
Year Built 1910
Annual Tax Amount $11,119
Lot Size 0.850 Acres
Acres 0.85
Property Description
Incredible investment opportunity with two distinct dwellings on a single property! The first is a charming single-family home featuring 3 bedrooms, 1.5 bathrooms, ceramic and wood floors, a basement, a relaxing rocking chair porch, a back deck with expansive views of the large yard, and tenants responsible for all utilities.
Additionally, there's a five-family residence boasting a spacious parking lot and three separate entrances. Each of the five well-appointed apartments consists of one bedroom and includes tenant-paid electricity, while the owner covers heating, garbage, and water expenses.
Nestled at the end of a tranquil dead-end street on the outskirts of town, yet conveniently close to amenities, this property boasts a consistent vacancy rate of less than 5% over the past three years. The five-family building received a new roof in 2017, while the single-family home's roof is approximately 10 years old. Meticulously maintained and managed, this property offers a robust cap rate of 10.
Security cameras are installed on the premises, and the property is fully occupied with tenants. For privacy and to respect current tenants, do not walk on the property without a confirmed showing appointment. Additional Information: HeatingFuel:Oil Above Ground,
Location
State NY
County Ulster County
Rooms
Basement Full
Interior
Heating Oil
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
Garage Driveway,Parking Lot
Utilities Available Trash Collection Private
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Structure Type Clapboard,Frame
Schools
Elementary Schools Ellenville Elementary School
Middle Schools Ellenville Junior/Senior High School
High Schools Ellenville Junior/Senior High School
School District Ellenville
Others
Special Listing Condition None