1494 Route 213, High Falls
Take advantage of a healthy rental market with this fully occupied very well maintained six unit multi-family in convenient location - offering an 8.2% return on your investment. Situated on 6.9 beautiful acres just minutes from Stone Ridge Plaza, High Falls Food Coop, restaurants, gym and other amenities your tenants will value. Hardwood floors, generous layout and good natural light, nice kitchens and baths, replacement windows, standing seam metal roof on the 4-unit structure and newer architectural shingles on the 2-unit structure. In all, 4 - 1 bedroom apartments and 2 - 2 bedroom apartments. The 4-unit structure was fully renovated in 2000. Additional income opportunity from separate one car garage with workshop. The unimproved third floor of the 2-unit building was once living space with a kitchen and bath. After renovation, this could be a possible expansion of the second floor apartment or an additional unit, contingent on review of zoning and town approval.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.