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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

    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.

    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
    Services availability