Mary Collins Real Estate, Inc.
 
ROSENDALE NY - ID: 20173988 - ROSENDALE On the Market
378 Main Street, Rosendale, NY 12472 ID: 20173988
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Price: $399,000

Bedrooms: 6

Bathrooms: 4.5

Sq. Feet: 3,210

Garage: None

Acreage: 0.13

Year Built: 1900

School District: RONDOUT VALLEY



CONTACT
Mary Collins Real Estate
(845) 687-0911
Contact Us!
Property Type: Multi-Unit

Description: Fully occupied 4 residential units with additional retail space in historic Rosendale, a great town once famous for its natural cement and popular today for its picturesque charm by local residents and tourists alike. One 3 bedroom apartment, three 2 bedroom apartments, and a storefront space with half bath. Cap rate of 7.2 reflects a 3% vacancy rate. Newer furnaces. Electric expense is included in one of the apartments, which has a higher rent. Tenants are very interested in staying and renewing leases which have variable end dates.
Landlord pays electric for one tenant (unit 4), otherwise tenants pay for their own electric and propane. Landlord pays for water and garbage removal. Square footage of apartments is approximate.




FEATURES:
NUMBER OF UNITS: 5
UNIT 1 -RENT: 650
ZONE: B 1
LOT DIMENSIONS: 0.13 Acres
UNIT 1 -LEASE: Year
UNIT 2 -LEASE: Year
UNIT 1 -LEASE: Year
UNIT 4 -LEASE: Year
UNIT 5 -LEASE: Year
UNIT 2 -RENT: 900
UNIT 3 -RENT: 1200
UNIT 4 -RENT: 1065
UNIT 5 -RENT: 880
CONDITION: Very Good, Good
APPLIANCES: Range, Refrigerator
ELECTRICITY: Circuit Breakers
LOT/SITE: Hamlet/Village
WATER: Municipal


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Listing courtesy of: Berkshire Hathaway Homeservices Nutshell Realty / Listing Agent: Laurel Sweeney
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