Multi Family 5+ in Ulster County
| MLS Number | 987729 |
|---|---|
| Address | 108 Vineyard Avenue, Highland, NY 12528 show map |
| Price | $798,000 show mortgage calculator |
| Acres | 0.36000918273646 |
| Year Built | 1890 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $13,980 |
| Total Apt Units | 6 |
Rare 6-Unit Income Property – 10% Cap in Highland, NY ( HOLD.. you don't need a commercial mortgage; you can do a simple multi-family mortgage. Call me will explain how) Looking for stability and high yield? This property offers a perfect blend of high returns and low management stress. This 6-unit building operates at a 10% cap rate with a proven history of zero vacancy. Enjoy the benefits of a "hands-off" utility structure where tenants cover their own costs, significantly reducing owner expenses. The property offers excellent parking for residents and is home to high-quality tenants who take pride in their community. Whether you are looking to 1031 exchange or start a high-yield portfolio, this turnkey asset is ready to perform from day 1
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