This multi-family community consists of 10 units in four buildings, and includes 21 Rock Ridge Drive (which is not included in the Zillow price estimate), all located just over a mile from the new Resorts World Catskills Casino now under construction and scheduled to open in March, 2018, and less than a mile from shopping at WalMart, Shop-Rite, etc. . 1-3-7 Saddle Lane buildings each include two 2 bedroom town house style apartments; 21 Rock Ridge Drive includes two 3 bedroom and one 2 bedroom town house style apartments, plus a one bedroom ground floor partially handicapped accessible apartment, office, and laundry room on the lower level. Three bedroom units also feature a first floor half bath. All units are currently rented (some tenants over 10 years). All units are in good condition (See photos). Heat is oil fired hot water baseboard; oil burners have been upgraded and are in good condition. All roofs are in good condition; oldest one is 15 years old with 25 year warranty. Total monthly rent income is $9,700.00; NOI for 2016 was $61,900; detailed financial information available to qualified buyer. Owner retiring. Buy this income producing property for $575,000. Contact owner for additional information.
Off market
$655,000
13 Saddle Ln, Monticello, NY 12701
21beds
5,440sqft
MultiFamily
Built in 1960
-- sqft lot
$655,000 Zestimate®
$120/sqft
$1,500 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 12
- Full bathrooms: 10
- 1/2 bathrooms: 2
Heating
- Baseboard, Other, Oil
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 5,440 sqft
Property
Parking
- Total spaces: 16
- Parking features: Off-street
Features
- Exterior features: Stucco, Vinyl, Metal
Lot
- Size: 0.36 Acres
Details
- Parcel number: 48460110832
Construction
Type & style
- Home type: MultiFamily
Materials
- Metal
- Roof: Asphalt
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Monticello
Other
Other facts
- Amenities: Close to Bus, Close to Shops, Close to School, Close to Park, Eat in Kitchen, Security System, Hardwood Floors As Seen, Balcony, Deck, Porch
- Garbage: Public
- Property Type: Multi-Family 5+
- Siding Description: Stucco, Aluminum, Vinyl
- Status: Active
- Water Description: Municipal
- Air Conditioning: Window Units
- Basement Description: Partially Finished, Full
- Heating Type: Base Board
- Year Built Exception: Actual
- Parking: Lot Parking, Off-Street Parking
- Lot Description: Corner Lot, Level, Possible Sub Division
- Sq Ft Source: Municipality
- Heating Fuel: Oil Above Ground
- Post Office: Monticello
- Village: Monticello
- Typeof Unit: See Remarks
- Attic Description: Full
- Hotwater: Tank Less Coil
- Tax Source: Municipality
- Hamlet: Monticello
- Construction Description: Frame
- Sewer Description: Municipal
- Tax Year: 2016
- Tax Amount: 22266