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Sue Serino

Sue Serino
Serino Realty

Real Estate Broker

4391 Albany Post Road
Hyde Park, NY 12538

845-229-1400
Contact Us

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Listing 14 out of 76
$699,000 For Sale
12 units | Multi Family Home
1.03 acres - MLS# 372771
Property Photo
1/4

Description

Welcome to this great investment opportunity to own fully rented 12 unit in Hyde Park. Rent roll annually $108,000. Over 9.8% cap rate. 3-2br, 1-1br, 5-cabin studios, 3-studios. Will provide income and expense report for qualified buyers. $100,000 in upgrades to the unit. Burnham boilers and hot water heaters in main building and in apartments 1 through 5. Propane heaters in units 6,7,8. Don't miss out!

Features

  • Property Type: Multi Family Home
  • Sub Type: 5+ Family
  • Listing Status: Active
  • County/Area: Dutchess County
  • Zip Code: 12538
  • Year Built: 1950
  • School District: Hyde Park Central
  • Elementary School: Ralph R. Smith School
  • Middle School: Haviland Middle School
  • High School: Franklin D. Roosevelt Senior Hig
  • Units: 12 units
  • Basement: Partial, Partially Finished, Unfinished
  • Lot Size: 1.03 acres
  • Above Grnd Sq Feet: 4400
  • Construction: Frame
  • Exterior: Aluminum, Wood
  • Exterior Features: Storage Shed/Out Bldg
  • Finished Square Feet: 4400
  • Fuel Expense: $12,000
  • Gross Income: $108,000
  • Heating: Hot Water, Oil
  • Insurance Expense: $7,500
  • Net Income: $68,950
  • Other: Iaw
  • Owner Pays: All Utilities, Electric, Gas, Garbage/Trash, Maintenance, Oil, Taxes
  • Parking: 3+ Cars
  • Roof: Asphalt Shingles
  • Square Ft Source: Owner
  • Township: Hyde Park
  • Water/Sewer: Septic, Well
Courtesy of Inspire Realty Ef



Sue Serino | 845-229-1400 | Contact Us
4391 Albany Post Road - Hyde Park, NY 12538
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