1407 Multi-Family Duplex

In Contract
Multi-Family 2-4 • 6 Bedrooms • 4 Bathrooms • MLS: 6135262
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Wonderful multi-family investment opportunity with great rental history. Rent both sides of this Loch Sheldrake Duplex or be the savvy homeowner paying little to no mortgage! Each unit features 3 bedrooms, 1.5 baths and nice size walk out basements. Many upgrades have been done within the last 8 years. Current use is investment only. One side is a loyal long -term tenant and the other is used for AirBNB or seasonal. Located just minutes from the lake, Sullivan County Community College & the convenient shops/restaurants that Loch Sheldrake has to offer. All the conveniences you need in a small town, yet also within 20 mins. of Monticello, Resorts World Casino, Kartrite waterpark, Yo1 and more! Rental inventory is extremely low. Current Cap rate is between 4-5%. Now is a great time to add this unique opportunity to your portfolio of successful investments.

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Details

Type: Multi-Family 2-4
Num of Bedrooms: 6
Num of Full Bathrooms: 4
Year Built (Approx): 1987
Num of Acres: 0.6248
Square Footage (Approx above grade): 2564

Features

Garage: Driveway, Off-Street Parking
Exterior Amenities: Balcony, Deck
Exterior: Vinyl
Water: Municipal
Sewer: Municipal
Heating: Base Board

Location & Taxes

County: Sullivan County
City: Fallsburg
Zip Code: 12733
School District: Tri Valley
Total Taxes (Approx): $6,375