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1104 State Route 52 Loch Sheldrake, NY 12759
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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6119756
Sold Date 03/15/22
Bedrooms 6
Full Baths 4
Originating Board onekey2
Rental Info No
Year Built 1939
Annual Tax Amount $8,198
Lot Size 0.910 Acres
Acres 0.91
Property Description
A Unique Investment Opportunity Awaits!
Up for sale is this 4-Unit house with two additional buildable lots, totaling 1.81 acres. The house is fully occupied by stable, long-term tenants that would be happy to stay. There are two 1BR apartments and two 2BR apartments, one of which has a loft (120+ SF) that can be used as an additional room. The house is located right near the lake & the convenient shops/restaurants that Loch Sheldrake has to offer. Currently, the house offers the tenants a large front & back yard with lots of open space & ample parking spots. The roof & boiler have both been replaced over the past few years.
The two additional lots have desirable Mixed-Use zoning & like the house, have access to town water & sewer. The lots can be developed, merged, sold off etc., the opportunities are endless.
Values in the Catskills have been on the rise, & rental inventory is low. Now is a great time to add this unique property to your portfolio of successful investments. Additional Information: HeatingFuel:Oil Below Ground,
Location
State NY
County Sullivan County
Rooms
Basement Partial
Interior
Interior Features First Floor Bedroom
Heating Hot Water, Oil
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Appliance Oil Water Heater
Exterior
Parking Features Driveway, Parking Lot
Utilities Available Trash Collection Private
View Water
Building
Lot Description Level, Near Shops, Part Wooded, Split Possible, Views
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Benjamin Cosor Elementary School
Middle Schools Fallsburg Junior-Senior High School
High Schools Fallsburg Junior-Senior High School
School District Fallsburg
Others
Senior Community No
Special Listing Condition None
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Bought with Non-Member MLS