Once in a Lifetime Investment Opportunity!! Multi-family property, including a total of 5 structures with great income. Main Building consists of 2 levels plus attic, currently being renovated and is attached to 2 beautiful, 2 bedroom houses. Potential income for 12 rooms in the main building, 6 on the first level and 6 on the second level, once repaired ~ 2nd structure is divided into 2, 1 bedroom cottages with income from each cottage. ~ 3rd structure is a 1 bedroom cottage ~ 4th structure consists of 2 apartments both with 1 bed and bath ~ 5th structure is a 2 unit home with 1 bedroom and 1 bath each. Property has 3 wells, each well 1 1/5 horsepower, 2 of them used for the main house and cottages. Third well used for mobile home (being removed.) By the Pool and grass area, it is approved to put a 3 bedroom apt instead, has connection for sewer water electricity. Additional property coming up on the Market soon, 12 Temple Lane in Monticello, same owner separate deed. 3 bedroom, 2 bath property that is not occupied, has connections for well water and septic sewer. Asking $65,000, option to be sold together or separate. Great deal!
Sold for $1,000,000 on 09/01/22
$1,000,000
349 Cold Spring Rd, Monticello, NY 12701
0beds
0baths
7,296sqft
SingleFamily
Built in 1932
2.17 Acres Lot
$-- Zestimate®
$137/sqft
$1,583 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Other, Propane / Butane
Cooling
- None
Features
- Basement: Partial
Interior area
- Total interior livable area: 7,296 sqft
Property
Parking
- Total spaces: 15
Lot
- Size: 2.17 Acres
Details
- Parcel number: 4846892924702
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1932
Community & neighborhood
Location
- Region: Monticello
Other
Other facts
- HeatingFuel: PropaneButane
- HeatingSystem: Other
- Basement: Partial