Introducing a remarkable investment opportunity nestled within... |
Ad # 4913237 |
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$875,000 For Sale |
MLS # 152566 |
5759 Route 23A |
Tannersville, New York 12485 |
Greene |
Golf Course: Colonial Country Club |
Type Lot |
Beds 0 |
Baths 11.0 |
Sq Feet 7200 |
Year Built 1960 |
Acres 0.930 |
Lot Dimensions |
On Golf Course? |
Golf View? No |
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1-855-943-4183
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Introducing a remarkable investment opportunity nestled within the scenic surroundings of Tannersville, NY. This property boasts 9 apartments and 2 commercial office spaces, spread over a .93-acre parcel. Located a mere 3 miles from the thrilling slopes of Hunter Mountain Ski Resort and 2 miles from the serene beaches and trails of North/South Lake, this property promises a unique blend of serene living and outdoor adventure. Offering an attractive proposition for investors, this property generates considerable rental income with a strong history of full occupancy. Annual income is $102,120, expenses are approximately $42,118 with a $60,002 annual profit. The diverse array of living spaces includes studios, one-bedroom units, and exclusive units featuring lofts, with rental rates ranging from $750 to $925 per month. In addition to the residential units, the two office spaces have potential to yield $500 per month A lasting testament to its appeal is the current ownership stretching over 35 years, during which it has attracted and retained responsible tenants. Conveniently located just 2 hours from NYC, this property stands out as a gateway to the plethora of leisure activities the area has to offer, including skiing at Hunter and Windham Mountains, hiking at Katterskill Falls, and several nearby golf courses. With such a diverse range of attractions, this investment opportunity is poised to attract a steady stream of tenants year-round. View at (Youtube video is dated 2013 and was created by the owner/seller). Photos provided in this listing are owned by the seller. The photos have been taken over the years. |
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Stucco,Wood |
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Asphalt |
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Ad Number: |
4913237 |
Viewed: |
14 times |
Added on: |
May 09, 2024 |
Updated on: |
May 09, 2024 |
Listing Agent: Regina Tortorella, Coldwell Banker Village Green Realty, 518-734-4200, 518-734-4200
Listing Site, Listing Status: Active
Copyright © 2024 Columbia Greene and Northern Dutchess MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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