879 Farmers Mills Road

$580,000, 4 Beds 4 Baths 3,540 Sqft 1.17 Acres

About This Property

6.5% CAP - Great Investment of FOUR LEGAL 1 bedroom Apartments with 5 full possible apartments on a level private lot with ample parking up to 10 cars. This money maker has a solid tenant roll with many new improvements. Tenants pay all electric with electric heat on 5 separate meters. Landlord pays snow, landscape and hot water. NEW: front windows, complete bathrooms in all units, garage doors, well pump and entire well casing, water softener system, and water pressure storage tank. Roof is 9 years new. Separate room in rear of building ready for laundry room that has a separate dry well. Total Gross Rent = 68,700. Total Expenses = 30,900. NET INCOME = 37,800 at 580,000 is a 6.5% CAP

Essential Information

MLS® #4935976
Price$580,000
Bedrooms4
Bathrooms4.00
Full Baths4
Square Footage3,540
Acres1.17
Year Built1960
TypeMulti-Family 2-4
Sub-TypeDuplex
StatusActive

Community Information

Address879 Farmers Mills Road
AreaKent
CityCarmel
CountyPutnam
StateNY
Zip Code10512

Amenities

Parking Spaces10
ParkingDriveway

Interior

HeatingBase Board
CoolingWindow Units
BasementNone

Exterior

ExteriorShingle
Lot DescriptionLevel
ConstructionFrame

School Information

DistrictCarmel
ElementaryKent Elementary
MiddleGeorge Fischer
HighCarmel

Listing Details

Listing Courtesy ofKeller Williams Realty Partner

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Listing information last updated on August 21st, 2019 at 7:28am CDT.

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