7 Beds
4 Baths
0.33 Acres Lot
7 Beds
4 Baths
0.33 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 939474
Bedrooms 7
Full Baths 4
Rental Info No
Year Built 1950
Annual Tax Amount $5,155
Lot Size 0.330 Acres
Acres 0.3297
Property Sub-Type Quadruplex
Source onekey2
Property Description
Incredible opportunity to own a fully occupied, income-producing multi-family property that has been recently renovated and is delivering strong, stable returns from day one. This turnkey building offers an impressive cap rate of over 9%, making it a standout investment in today's market.
The property features updated units, solid tenancy, and reliable rental income with zero vacancy, ensuring steady cash flow and minimal management headaches. All major improvements have already been completed, giving investors the peace of mind that comes with a well-maintained asset.
This building is ideal for investors seeking a high-performing property with immediate returns. As an added option for future flexibility, an end user could choose to occupy one of the units down the line and take advantage of tenant-generated income to offset mortgage and tax expenses. However, the property's current strength lies in its full occupancy and excellent income performance, making it a solid choice for any portfolio.
With strong financials, recent upgrades, and a tenant base already in place, this is the kind of investment that rarely hits the market.
Don't miss out on this high-yield, fully-stabilized opportunity!
Location
State NY
County Sullivan County
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Electric, Steam
Cooling Multi Units
Fireplace No
Exterior
Parking Features Detached
Utilities Available Electricity Connected
Total Parking Spaces 2
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Rockland Elementary School
Middle Schools Rockland Middle/High School
High Schools Rockland
School District Rockland
Others
Senior Community No
Special Listing Condition None
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