13 Saddle Ln, Monticello, NY 12701

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.