330 State Route 55, Napanoch
Fully rented 8 family income property has been in the same family for 3 generations. Property consists of one building with 7 units, 2 are 2 bedrooms, 5 are 1 bedroom and one 1-2 Br cottage on same lot. One septic services 4 units and a second septic services 2 units and one in the front servicing one unit with the small house having its own septic. 5 units have there own electric meter, unit number #7 shares meter with house for boiler. One oil fired boiler and coal fired boiler services all 7 units with the smaller house having its own heat and meter. No leases but security deposits for all units with several long term tenants. Rents for Unit #7 $675, unit #8 $750. Yearly income of $67,200 with expenses approximately $30,000. Appraisal on file for serious buyers with accepted offers only. Assigned parking.Survey on file.
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