79 High Street, Other, NY 12701 (MLS# 22-1629)

79 High Street, Other, NY 12701

$950,000

Property Type: Residential Income Square Footage: 7,440 Status: Closed

Current Price: $950,000 List Date: 5/12/2022 Last Modified: 9/08/2024

Overview

Description

Exceptional Investment opportunity for a savvy investor ready to move quickly. In the past 3 years more than 500 k invested in full renovations (Framing, flooring, roofing, new electric, new electric meters, plumbing, appliances, & new parking paving)! Time to Invest in a turnkey property with very low taxes. 2 residential buildings, housing a 4 unit of 2 Bedroom apartments and one bath each & a 2 building has 2 floors with 3 Bedroom apartments and 1 bath in each. Bright, comfortable apartments walking distance to NYC bus line. Casino & racetrack only 8 minutes away. Close to laundry mat, government center, shopping centers & more. Solid income & renters. Property management is available to negotiate separately. A clean, sweet investment. Act today, this has interest and offers already., Baths: Y

Supplements: Owner will consider partial financing.

Listing Details MLS# 22-1629

General Property Information

Number Of Buildings: 2
Number Of Units Total: 6
Living Area: 7440
Year Built: 1949
Parking Total: 12
Lot Size Acres: 0.18
Water Body Name: None
Basement YN: Yes
Stories: 2
List Price/SqFt: 157.26
Sold Price/SqFt: 127.69

Property Features

Construction Materials: Vinyl Siding; Wood Siding Cooling: None Heating: Baseboard; Electric; Hot Water; Propane Listing Terms: Cash; Conventional Parking Features: Paved Possession: Negotiable Road Surface Type: Paved Roof: Flat Security Features: Smoke Detector(s) Water Source: Public

Contract Information

Listing Contract Date: 2022-05-07
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 79
Street Name: High
Street Suffix: Street
County: Other
State: NY
Postal Code: 12701
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Exceptional Investment opportunity for a savvy investor ready to move quickly. In the past 3 years more than 500 k invested in full renovations (Framing, flooring, roofing, new electric, new electric meters, plumbing, appliances, & new parking paving)! Time to Invest in a turnkey property with very low taxes. 2 residential buildings, housing a 4 unit of 2 Bedroom apartments and one bath each & a 2 building has 2 floors with 3 Bedroom apartments and 1 bath in each. Bright, comfortable apartments walking distance to NYC bus line. Casino & racetrack only 8 minutes away. Close to laundry mat, government center, shopping centers & more. Solid income & renters. Property management is available to negotiate separately. A clean, sweet investment. Act today, this has interest and offers already., Baths: Y

Status Change Information

Major Change Timestamp: 2022-11-23T19:54:36Z
Major Change Type: Status Change
Purchase Contract Date: 2022-08-03
Close Date: 2022-11-23
Close Price: 950000
Concessions: No
Buyer Financing: Cash
Concessions Amount: 0

More Information

Income and Expenses

Gross Income: 100500
Insurance Expense: 2260
Licenses Expense: 93730
New Taxes Expense: 4750
Water Expense: 1200

Unit 1

Unit #: Yes
Actual Rent: 1300
Rooms Total: 4
Occupied YN: Yes

Unit 2

Unit #: 2
Actual Rent: 1300
Rooms Total: 5
Occupied YN: Yes

Unit 3

Actual Rent: 1300
Rooms Total: 5
Occupied YN: Yes

Unit 4

Unit #: 4
Actual Rent: 1300
Rooms Total: 5
Occupied YN: Yes

Unit 5

Actual Rent: 1900
Rooms Total: 6
Occupied YN: Yes

Unit 6

Unit #: 6
Actual Rent: 1900
Rooms Total: 6
Occupied YN: Yes

Location, Tax, and Legal

Street Additional Info: 79 High St, Monticello, NY 12701
Municipality: Other
High School District: Other See Remarks
Cnty&Muni Taxes (Legacy): 0
School Tax Amount: 0
Tax Annual Amount: 4750
Parcel Number: 4601-106-0-0004-005-000
Zoning Description: Residential
Tax Book Number: No

Construction Materials

Vinyl Siding: Yes
Wood Siding: Yes

Cooling

None: Yes

Heating

Baseboard: Yes
Electric: Yes
Hot Water: Yes
Propane: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Oil, Gas and Mineral Rights

Gas Rights Reserved: None

Parking Features

Paved: Yes

Possession

Negotiable: Yes

Road Surface Type

Paved: Yes

Roof

Flat: Yes

Security Features

Smoke Detector(s): Yes

Water Source

Public: Yes

Listing Courtesy of Davis R. Chant - Milford

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