553 State Route 214 Active

Chichester,NY 12416

$ 800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 896207

Rental Info No

Year Built 1900

Annual Tax Amount $12,200

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Multi Family

Source onekey2

Property Description

Welcome to a great investment opportunity in picturesque Chichester, NY.

This 3-story multi-family home consists of 5 fully renovated spacious apartments, four 2-bedroom/1-bathroom apartments on the 1st and 2nd floors, and a 1-bedroom/1-bathroom luxury loft apartment on the 3rd floor.

All apartments have modern fixtures and finishes, and most have hardwood floors. The property features a large yard, laundry facilities and a paved parking lot.

It is located in the heart of the Catskill Mountains, providing opportunities for rest, relaxation, and outdoor activities in a pristine wilderness.

Furthermore, there are many opportunities for shopping and leisure activities in nearby historic Phoenicia and Woodstock, as well as great skiing at the Hunter and Bellayre Mountain resorts.

Given its location and amenities, this property is a rewarding investment choice, with an 8.2% cap rate.

Don't miss the chance to own this profitable property in beautiful upstate New York. Seller financing is available.

Location

State NY

County Ulster County

Rooms

Basement Bilco Door(s)

Interior

Heating Baseboard,Oil

Cooling Multi Units

Fireplace No

Exterior

Parking Features Off Street,Private

Utilities Available Electricity Connected,Sewer Connected

Total Parking Spaces 10

Building

Story 3

Sewer Public Sewer

Water Well

Structure Type Frame

Schools

Elementary Schools Greater Plains Elementary School

Middle Schools Oneonta Middle School

High Schools Onteora

School District Onteora

Others

Special Listing Condition None

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