Woodridge NY, 12789
$995,000
Multi Family
Commercial
Details
ML#: 806058
- # of Families: 6
- Sale or Rent:Sale
- Year Built: 1925
- Taxes: $8,798
- Status:Active
Description
6 Unit Apartment Complex with Development Potential. This renovated 6 unit apartment complex on a .66 acre lot offers immediate income and significant upside potential. Each updated unit features modern finishes, including new kitchens, bathrooms and flooring, with all units separately metered for utilities, reducing management costs. The property also has the potential to build 12 additional units (subject to zoning/approval), providing an excellent opportunity for further development and increased returns. Key Features: 6 renovated units, Each unit separately metered for utilities, .66 acre lot. Strong tenant demand and minimal vacancy Close to local amenities and major highways. This is an ideal investment with both immediate cash flow and long-term growth potential. Owner has a real estate license in NY.
More Property Details
Lot Size: 0.66
Lot Sq Ft: 28750
Parking Spaces: Yes
Parking Facilities: Parking Lot
Heat: Baseboard, Hot Water, Other
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $8,798
School District: Fallsburg