808-812-818-820 State Route 17B, Monticello, NY 12701
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Listing Type
Commercial/Industrial
Listing Status
pending
35
$1,700,000
Home Details for 808-812-818-820 State Route 17B
Price
$1,700,000
Type
Commercial Sale
Bedrooms
22
Bathrooms
0.0
Square feet
8195
Year built
1951
Lot size acres
3.46
County
Sullivan
Garage
Basement
Full
Days on site
327
MLS Listing#
H6334685
Property Description
EXCELLENT INCOME-PRODUCING PROPERTY! - 4 BUILDINGS - 13 UNITS - 100% OCCUPIED!
It's situated on a spacious 3.46-acre lot in the prime Monticello area. The addresses are #808, #812, #818, and #820 State Route 17B with an SBL of 17-1-2. Building #808 has 5 units with 4 two-bedroom units and one studio unit. Building #812 has 6 units with four two-bedroom units and two one-bedroom units. Building #818 is a three-bedroom, ranch-style home, while Building #820 is a one-bedroom, one-loft bedroom cottage. Most apartments are currently occupied and generate additional income from a public laundry room. Many units have been recently renovated, ensuring excellent condition. The property offers significant potential for additional income, including options to separate utilities and add more units. Recent appraisal valued at $1.8 million! With a pro forma cap rate of nearly 9%, this is a fantastic investment opportunity!
Property Features
Heating Information
Electric
Oil
Propane
Baseboard
ENERGY STAR Qualified Equipment
Forced Air
Hot Water
Radiant
Parking
Common
Parking Lot
Off Street
Private
Water Features
Private
Well
Waterfront and Water Access
Waterfront Access
Cooling Information
Zoned
Utilities
Trash Collection Private
Garage
false
Basement
Full
School Information
School Information for 808-812-818-820 State Route 17B, Monticello, NY 12701