Multi Family 2-4 in Ulster County
| MLS Number | 847586 |
|---|---|
| Address | 6 Park Street, Ellenville, NY 12428 show map |
| Price | $399,000 show mortgage calculator |
| Acres | 0.2 |
| Year Built | 1916 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $2,499 |
| Total Apt Units | 2 |
| Total Bedrooms | 4 |
| # 2 Brs | 2 |
Centrally located in downtown Ellenville, Park Duplex is an attractive investment property in an up-and-coming town with strong rental demand. Fully renovated in 2023, this is a plug-and-play income-generating duplex that could make a great addition to your real estate portfolio. 2023 updates include: new roof, updated electric, all new electric heat and hot water, new exterior paint, new windows, refreshed kitchens and bathrooms, and new plumbing throughout. Any investor will be grateful to know that there should be minimal maintenance upcoming and with steady demand for long-term rentals in Ellenville and its surrounds, one should be able to start generating income immediately with little capital investment upfront. Both units feature two bedrooms and one full bathroom. Refinished hardwood floors, in-unit washer/dryer, plentiful light, and outdoor access make both apartments attractive to potential tenants. The property also features a two car garage with split bays for each tenant. The property is being sold vacant. Most recent rents were $1,800 for the ground floor and $1,600 for the upstairs. Contact listing agent for more financial detail. Ellenville - conveniently located on Routes 209 and 52 with access to both Ulster and Sullivan counties, is a well centralized location for long term tenants. The property is walkable to much of what downtown offers with restaurants and shops barely a block away, and larger services just minutes down the road. Don’t miss this opportunity to grab a strong investment asset in a town on the up and up.
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