Ellenville, NY 12428,21 Nevins ST
$629,000
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0.85 Acres Lot
Pending

21 Nevins ST Ellenville, NY 12428

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UPDATED:

11/15/2024 07:23 PM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEYH6310927

Originating Board onekey2

Rental Info No

Year Built 1910

Annual Tax Amount $11,119

Lot Size 0.850 Acres

Acres 0.85

Property Description

Incredible investment opportunity with two distinct dwellings on a single property! The first is a charming single-family home featuring 3 bedrooms, 1.5 bathrooms, ceramic and wood floors, a basement, a relaxing rocking chair porch, a back deck with expansive views of the large yard, and tenants responsible for all utilities.

Additionally, there's a five-family residence boasting a spacious parking lot and three separate entrances. Each of the five well-appointed apartments consists of one bedroom and includes tenant-paid electricity, while the owner covers heating, garbage, and water expenses.

Nestled at the end of a tranquil dead-end street on the outskirts of town, yet conveniently close to amenities, this property boasts a consistent vacancy rate of less than 5% over the past three years. The five-family building received a new roof in 2017, while the single-family home's roof is approximately 10 years old. Meticulously maintained and managed, this property offers a robust cap rate of 10.

Security cameras are installed on the premises, and the property is fully occupied with tenants. For privacy and to respect current tenants, do not walk on the property without a confirmed showing appointment. Additional Information: HeatingFuel:Oil Above Ground,

Location

State NY

County Ulster County

Rooms

Basement Full

Interior

Heating Oil

Cooling None

Fireplace No

Appliance Electric Water Heater

Exterior

Garage Driveway, Parking Lot

Utilities Available Trash Collection Private

Parking Type Driveway, Parking Lot

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Structure Type Clapboard,Frame

Schools

Elementary Schools Ellenville Elementary School

Middle Schools Ellenville Junior/Senior High School

High Schools Ellenville Junior/Senior High School

School District Ellenville

Others

Special Listing Condition None


Listed by Keller Williams Realty

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Roberto Ayala

Broker Associate | License ID: 10301207407

+1(917) 710-8792

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21 Nevins ST