Multi Family 5+ in Ulster County
| MLS Number | 896207 |
|---|---|
| Address | 553 State Route 214, Chichester, NY 12416 show map |
| Price | $800,000 show mortgage calculator |
| Acres | 0.6 |
| Year Built | 1900 |
| Est. Sq. Footage | 0 |
| Elementary School | Greater Plains Elementary School |
| Jr High-Middle School | Oneonta Middle School |
| High School | Onteora High School |
| Estimated Taxes | $12,200 |
| Total Apt Units | 5 |
Welcome to a great investment opportunity in picturesque Chichester, NY. This 3-story multi-family home consists of 5 fully renovated spacious apartments, four 2-bedroom/1-bathroom apartments on the 1st and 2nd floors, and a 1-bedroom/1-bathroom luxury loft apartment on the 3rd floor. All apartments have modern fixtures and finishes, and most have hardwood floors. The property features a large yard, laundry facilities and a paved parking lot. It is located in the heart of the Catskill Mountains, providing opportunities for rest, relaxation, and outdoor activities in a pristine wilderness. Furthermore, there are many opportunities for shopping and leisure activities in nearby historic Phoenicia and Woodstock, as well as great skiing at the Hunter and Bellayre Mountain resorts. Given its location and amenities, this property is a rewarding investment choice, with an 8.2% cap rate. Don’t miss the chance to own this profitable property in beautiful upstate New York. Seller financing is available.
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