Listing Provided by Win Morrison Realty - Catskill

5759 Route 23a, Tannersville

$725,000

0 Beds
10 Baths
7,200 Sqft
.93 Acres
0 Garages

A 9 unit apartment building plus 2 office spaces on a .93 acre parcel 3 miles to Hunter Mountain Ski Resort and 2 miles to North/South Lake for hiking and swimming plus only 2 1/2 hrs from NYC. Good rental income and always rented. Studios and one bedrooms include all utilities except for one. 3rd floor one bedroom with loft-$822 mo.; One bedroom-$775 mo.; 2nd floor Studio with private deck-$775 mo.; 1st floor One bedroom with loft-$765 mo. plus utilities; Studio with loft-$740 mo.; Studio with loft-$675 mo.; 2 front unit office spaces each $500 mo.; Ground floor one bedroom-$635 mo.; Studio-$675 mo.; One bedroom-$675 mo.; School tax-$3068 Town tax-$2558 Insurance-$4000. The monthly income totals $7537 making the yearly income $90,444. The outside of the building was just painted in the fall. To see a video go on You tube The Van House in Tannersville, NY. Same owners for 35 years. They always have good steady tenants who pay on time and a waiting list for the apartment rentals.

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