118 Firefighters Memorial Drive

Fort Montgomery, NY 10922

$520,000
Last Sold Price
8
Beds
8
Baths
4,780 Sq. Ft.
$109 / Sq. Ft.
4,780
Sq. Ft.
$109
per Sq. Ft.

Sold 9/25/15

Sold 9/25/15

Description

FORT MONTGOMERY. 8 FAMILY HOME. 8 single bedroom apartments. Cap rate of 7.5-9% 88% Occupancy. 1 unit to be renovated and rented. Under utilized rent roll. Great commuter location. Close to 9w. Close to 9D. Close to Camp Smith. Close to Route 9. Close to park. Close to Metro North. Close to Palisades Parkway. Tenants on month to month basis. Huge 4 car detached with hydraulic lift,could hold 6 cars and 8-10 unassigned spots. Gross income 77,400. Could easily be increased with rent of garage, renovation...FORT MONTGOMERY. 8 FAMILY HOME. 8 single bedroom apartments. Cap rate of 7.5-9% 88% Occupancy. 1 unit to be renovated and rented. Under utilized rent roll. Great commuter location. Close to 9w. Close to 9D. Close to Camp Smith. Close to Route 9. Close to park. Close to Metro North. Close to Palisades Parkway. Tenants on month to month basis. Huge 4 car detached with hydraulic lift,could hold 6 cars and 8-10 unassigned spots. Gross income 77,400. Could easily be increased with rent of garage, renovation of apartments, and rental of 8th apartment. Could do coin-operated laundry. Just recently converted to propane gas. Brand new roof. Electric was updated recently. Great for investors looking for high return on investment.
  1. Listed by Howard Payson • Keller Williams Rlty Partners
    P: (914)-962-0007 C: (203)-240-7233 hjpayson@gmail.com
  2. Listed by James E. Lovegrove • Keller Williams Rlty Partners
    P: (914)-962-0007 C: (914)-962-0007

Amenities

  • Garage
  • Laundry
  • Parking Included
  • Private Outdoor Space
LISTING UPDATED: 09/26/2015 12:05 PM

Property Details for 118 Firefighters Memorial Drive

StatusSold
MLS #4516372
Days on Market86
Taxes$8,409 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family 5+ / Detached
Year Built1950
Lot Size0.66 AC / 28,828 SF
CountyOrange County

Building Information for 118 Firefighters Memorial Drive

Stories-Residences8Year Built1950Building Size-Lot Size0.66 AC / 28,828 SF

Property History for 118 Firefighters Memorial Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 118 Firefighters Memorial Drive

Taxable ValueLand$63,200Additions$315,000Total$378,200
Home Facts
Total Finished SqFt4,780 SqFtAbove Grade Finished SqFt4,780 SqFtUnfinished Basement SqFt2,048 SqFtStories3Lot Size28,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningBCountyORANGEAPN333689 16-1-1.2

Schools near 118 Firefighters Memorial Drive

This home is within Highland Falls Central School District.
Rating
School
Type
Grades
Distance
Fort Montgomery Elementary School
Public - PK to 2
Highland Falls Intermediate School
Public - 3 to 8
James I O Neill High School
Public - 9 to 12
Rating
School
Distance
Fort Montgomery Elementary School
PublicPK to 2

Highland Falls Intermediate School
Public3 to 8

James I O Neill High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Rlty Partners

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