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$695,000 For Sale

15 Main Street
Wallkill, NY 12589

7 units | Multi Family 5+
10102 sq ft - MLS# 4923698
Property Photo
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Description

WALLKILL-CALLING ALL INVESTORS 8% CAP RATE!! $84, 000 ANNUAL INCOME. 6 UNIT RENTAL BUILDING IN THE HAMLET OF WALLKILL!! SOLID INVESTMENT OPPORTUNITY well cared for inside and out. Fully rented and turn key operation. All separate utilities. Offers (1) three bedroom unit, (3) two bedroom units, and (2) one bedroom units. All but one unit have been totally renovated. Centrally located in the middle of the Hamlet with a very large blacktop parking lot. New individual furnaces and each unit has its own separate electric meter. Five units totally renovated. The Wallkill School District rents parking space for 260/month. Great commuter location- close to 84, 87, 17, the Train & Bus to NYC, and Stewart INTL Airport. Not far from Mohonk and Minnewaska State Parks, local farm stands, and the Rail trail. Landlord seldom has a vacancy. Fabulous investment not to be missed.

Features

  • Amenities: 1st Floor Bedrm, Close To Park, Close To Railroad, Close To School, Close To Shops, Storage
  • Area: Shawangunk
  • Attic Description: Finished, Walkup
  • Basement: Unfinished
  • Baths: 7
  • Bedrooms: 11
  • County/Area: Ulster County
  • Elementary School: Ostrander
  • Full Baths: 7
  • Garbage: Other/See Remarks
  • Gas Available YN: Yes
  • Heating Fuel: Oil Above Ground
  • Heating Type: Base Board
  • High School: Wallkill
  • Hotwater: Fuel Oil Stand Alone
  • Listing Status: Active
  • Lot Description: Corner Lot, Level
  • Lot Size: 0.2319
  • Lot Size Area SQFT: 10102
  • Middle School: Wallkill
  • Numof 1 Bed Rooms: 2
  • Numof 2 Bed Rooms: 3
  • Numof 3 Bed Rooms: 1
  • Parking: Lot Parking, Off-Street Parking
  • Property Type: Multi Family 5+
  • School District: Wallkill
  • Sewer Description: Municipal
  • Siding Description: Vinyl
  • Sq Ft Source: Municipality
  • Sq.Ft.: 5195
  • Street Type: Public
  • Sub Type: Multi Family 5+
  • Tax Amount: 12231
  • Tax Year: 2017
  • Trash Removal Expenses: 2275
  • Units: 7
  • Water Description: Municipal
  • Water Expenses: 1807
  • Year Built: 1911
  • Year Built Exception: Actual
  • Year Renovated: 2019
  • Zip Code: 12589

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