1368 Noxon Road

Dutchess County NY 12540

1 ac.

Multi-Family

Currently for sale - view listing

Overview

Investor's Dream!! Very Positive Cash Flow. Rent Roll is $5200 (rents can be raised) room for extra bedroom & bathroom. Owners average monthly expenses: $903.46. Detailed list furnished upon request. NOI (net operating income): monthly: $4296.54 annually: $51,558.48. Cap Rate: >8.5%. ARE YOU INVESTORS GETTING THESE NUMBERS??? WOW!!!! TALK ABOUT POSITIVE CASH FLOW!! BIG WINNER!!! 3 units recently remodeled, with new Kitchens & Appliances. 2 brand new oil tanks, just installed new lolly columns valued at $2,500, & 2 new Navian propane units for the front house heat and hot water valued at $20K. New septic tank 9 yrs ago, maintained yearly. Long Term Tenants, Pay On Time. Arlington School District (Sought after School District) It is possible to remove a tenant, live rent free, and still enjoy a positive cash flow. Sorry: CASH ONLY (C of O is in process of BEING CHANGED from 2 family residence to 4 family residence)

Features

7 bedrooms

4 bathrooms

1 ac. lot size

Multi-Family

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Local market activity for 7 bedroom multi families in Dutchess County

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Jeffrey Shapiro

at eRealty Advisors, Inc

View listing

Sales:: (619) 566-0008

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