Excellent multi-family investment opportunity with 12.4% cap rate. Fully occupied by long term tenants. Desirable residential quiet area with excellent income and no problem renting it. Walking distance to the center of the Village. Main house has one 2bdr/ 1bath unit downstairs and one 2 bdr/ 1 bath unit upstairs. There is additional 1 bdr/ 1 bath cottage totally renovated in September 2020 and storage shed. Off street parking for all the tenants. Nice size backyard in the back for tenants to use for entertaining and barbecue. All utilities paid by the tenants, owner pays for water, landscaping and snow removal. VEERY LOW TAXES!
Off market
Zestimate®
$313,700
5 Tuthill Ave, Ellenville, NY 12428
5beds
1,592sqft
MultiFamily
Built in 1930
-- sqft lot
$313,700 Zestimate®
$197/sqft
$2,435 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- None
Features
- Basement: Full, Unfinished
Interior area
- Total interior livable area: 1,592 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 6,969 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Ellenville
Other
Other facts
- Basement: Full, Unfinished
- PropertyType: Residential Income
- SeniorCommunityYN: 0
- WaterSource: Public
- Heating: Oil, Baseboard
- TenantPays: Electricity, Heat
- HotWater: Electric Stand Alone
- ParkingFeatures: Driveway
- Sewer: Public Sewer
- Village: Ellenville
- FireplaceYN: 0
- PoolPrivateYN: 0
- SpaYN: 0