About 553 State Route 214
Welcome to a great investment opportunity in picturesque Chichester, NY. This 3-story multi-family home consists of 5 fully renovated spacious apartments, four 2-bedroom/1-bathroom apartments on the 1st and 2nd floors, and a 1-bedroom/1-bathroom luxury loft apartment on the 3rd floor. All apartments have modern fixtures and finishes, and most have hardwood floors. The property features a large yard, laundry facilities and a paved parking lot. It is located in the heart of the Catskill Mountains, providing opportunities for rest, relaxation, and outdoor activities in a pristine wilderness. Furthermore, there are many opportunities for shopping and leisure activities in nearby historic Phoenicia and Woodstock, as well as great skiing at the Hunter and Bellayre Mountain resorts. Given its location and amenities, this property is a rewarding investment choice, with an 8.2% cap rate. Don’t miss the chance to own this profitable property in beautiful upstate New York. Seller financing is available.
Features of 553 State Route 214
| MLS® # | 896207 |
|---|---|
| Price | $800,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,500 |
| Acres | 0.60 |
| Year Built | 1900 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 553 State Route 214 |
|---|---|
| City | Chichester |
| County | Ulster County |
| State | NY |
| Zip Code | 12416 |
Additional Information
Listing Details
| Office | Karten Real Estate Svcs LLC |
|---|---|
| Office Contact | 929-605-5545 |