Turnkey operation from day one. Two 3 Bedroom units, One 2 Bedroom Unit and a one Bedroom unit. 4 rental Units with an annual income of $53,200.All utilities are billed AND metered separately to the tenant including water.EACH unit has its own water, gas and electric meter.All roofs new.Back roof 2013 completely done.Front roof 2008 completely done.80% new Double Hung, double pane windows.Two Hot water heaters done last month.Others 3 years old. New water main installed 2013 to increase water pressure.This is a money making turnkey operation that has all tenants on leases.Landlord does not supply refrigerators and this is also included in all leases.Basement in front building can be used for leasing to tenant or storage for landlord. Cap Rate of 8%!!Gross Rent Multiplier of 8.4!!Where else can you get that rate of return in such an easy investment.There are 2 buildings on the property.Each building has 2 units.Apts all in good shape with gr8 tenants!
Keller Williams Hudson Valley Realty works with sellers, buyers, developers and investors throughout the Hudson Valley. Each Office is Independently Owned and Operated. Keller Williams Hudson Valley Realty. Equal Housing Opportunity.
