A smart 4 family investment awaits you in the quaint Hamlet of Shokan in the town of Olive. Less than 20 minutes to the NYS thruway, this manageable building has rent that's below average especially considering that heat and electric are also included. This building easily maintains its occupied status year round. With almost an acre of land surrounding the house there is plenty of room for tenants to enjoy the outdoors. Each tenant has their own off street parking space for 2 cars which is maintained in the winter by the tenants. All units have had recent upgrades with fresh paint, new carpet, polished hardwood flooring, ceramic tiles, kitchen cabinets and some counter tops. This home is in close proximity to shopping, the reservoir, Woodstock and Phoenicia. Enjoy hiking, skiing, and fishing in the mountains or take a walk or bike ride on the Ashokan Rail Trail only 200 yards across the street. Great opportunity for any novice or seasoned investor.
Off market
Zestimate®
$525,700
15 Mountain Rd, Shokan, NY 12481
9beds
0baths
3,788sqft
MultiFamily
Built in 1880
-- sqft lot
$525,700 Zestimate®
$139/sqft
$1,289 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 0
Heating
- Baseboard, Oil
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: CRAWL, DIRT
- Attic: STORAGE, PU DW
Interior area
- Total interior livable area: 3,788 sqft
Property
Parking
- Parking features: None
Lot
- Size: 0.94 Acres
- Features: LEVEL, PARKING LOT
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1880
Utilities & green energy
- Sewer: SEPTIC-ABV
Community & neighborhood
Location
- Region: Shokan
Other
Other facts
- Class: MULTI-FAMILY
- For Sale: For Sale
- APPLIANCES: RANGE, REFRIGERATOR
- BASEMENT: CRAWL, DIRT
- CONSTRUCTION: FRAME/STICK
- FLOORS: LINOLEUM, CARPET, CERAMIC, VINYL
- HEAT SOURCE: BASEBOARD
- LOT/SITE: RURAL
- ROOF: ASPH SHINGLE
- ATTIC: STORAGE, PU DW
- HEATING FUEL: OIL
- HOT WATER: OIL
- OWNER PAYS: INSURANCE, OIL, TAXES, ELECTRIC, TRASH, MAINTENANCE
- PLUMBING: MIXED
- LOT FEATURES: LEVEL, PARKING LOT
- SIDING: ASBESTOS
- ELECTRICITY: 200 AMPS
- OTHER BUILDINGS: SHED
- WATER: DRILLED WELL
- GARAGE/PARKING EXTRAS: OFF STREET, DRIVEWAY-SHARED
- TENANT PAYS: GAS
- Type: 4 Family
- STYLE: FARM HOUSE
- OTHER ROOMS: UTILITY ROOM
- SEWER: SEPTIC-ABV
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$525,700
2% more+$10,514
With Zillow Showcase(estimated)$536,214