22 Arrowhead Apartments Road

Narrowsburg, NY 12764

$2,449,000
Price
12
Beds
8
Baths
15,197 Sq. Ft.
$161 / Sq. Ft.
15,197
Sq. Ft.
$161
per Sq. Ft.

Description

GOLDEN opportunity! Very lucrative rental property in the Western Sullivan County Catskills on over 20 acres with room to expand is what savvy investors have been waiting for. This very attractive offering consists of three buildings on two parcels with an additional four vacant parcels for development. Main attraction is a fully occupied 16-unit apartment building (with ability to add more), the second building is a two-family house in need of rehab and third is a cottage-style stand-alone which...GOLDEN opportunity! Very lucrative rental property in the Western Sullivan County Catskills on over 20 acres with room to expand is what savvy investors have been waiting for. This very attractive offering consists of three buildings on two parcels with an additional four vacant parcels for development. Main attraction is a fully occupied 16-unit apartment building (with ability to add more), the second building is a two-family house in need of rehab and third is a cottage-style stand-alone which can be another rental unit or laundry facility for the tenants. The 16 units are always occupied and continuously up to date on rent with a waiting list and scheduled annual increases. There are eight 1-BR apartments, seven 2-BR apartments, and a 3-BR. The grounds are meticulously maintained with shared garden for the tenants and an enormous amount of parking. Extensive frontage on two roads, ability to add commercial and a multitude more residential units, along with a steady stream of income makes this a cash cow! Landlord pays the usual expenses: taxes, insurance, common electric, plowing, mowing, trash, repairs, and maintenance. Tenants pay all electric and propane for heat, cooking, and hot water. Narrowsburg is a lovely, quaint, and bustling river town in a very desirable area. Financial analysis report is available upon request.
  1. Listed by Carol Malek • Malek Properties
    P: (845)-583-6333 C: (845)-583-6333 Carol@MalekProperties.com

Property Details for 22 Arrowhead Apartments Road

Township
Tusten
Garage Spaces
.00
LISTING UPDATED: 11/07/2024 06:17 PM

Property Details for 22 Arrowhead Apartments Road

StatusActive
MLS #H6276898
Days on Market372
Taxes$25,275 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1970
Lot Size20.68 AC / 900,821 SF
CountySullivan County

Building Information for 22 Arrowhead Apartments Road

Stories-Residences16Year Built1970Building Size-Lot Size20.68 AC / 900,821 SF

Property Information for 22 Arrowhead Apartments Road

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Property Attached: No
  • Structure Type: false
  • Square Footage Source: Municipality
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Sullivan West
  • Elementary School District: Sullivan West
  • Elementary School: Sullivan West Elementary School
  • Middle Or Junior School District: Sullivan West
  • Middle Or Junior School: Sullivan West High School
  • High School District: Sullivan West
  • High School: Sullivan West High School
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 3 Information
  • Unit Type Unit Number: Unit_3
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $700.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 4 Information
  • Unit Type Unit Number: Unit_4
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 5 Information
  • Unit Type Unit Number: Unit_5
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $800.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 6 Information
  • Unit Type Unit Number: Unit_6
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 7 Information
  • Unit Type Unit Number: Unit_7
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $800.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 8 Information
  • Unit Type Unit Number: Unit_8
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $650.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit Information
  • Number Of 1 Bedrooms: 8
  • Number Of 2 Bedrooms: 7
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 16
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 4800-005-0-0001-009-029
  • Tax Map Number: 4800-005-0-0001-009-029
  • Tenant Pays: All Utilities
Interior and Exterior Features
Interior Features
  • Amenities: Well
  • Living Area: 15197.0
  • Living Area Units: Square Feet
  • Basement: None
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Parking Lot, Corner Lot, Level, Sloped
  • Elevation Certificate: No
  • Construction Materials: Block,Frame
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Corner Lot,Level,Sloped
  • Site Features: Corner Lot, Level, Sloped
  • Building Area Units: Square Feet
Parking
  • Parking Features: Parking Lot
  • Parking Total: 35.00
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Propane, Forced Air
  • Heat Fuel Type: Propane, Forced Air
  • Hot Water: Electric Stand Alone
  • Number Of Separate Gas Meters: 16
  • Garbage Removal: Private
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Separate Electric Meters: 21
Green Features
  • Green Features: Propane, Forced Air

Schools near 22 Arrowhead Apartments Road

This home is within Sullivan West Central School District.
Rating
School
Type
Grades
Distance
Sullivan West Elementary School
Public - PK to 6
Sullivan West High School At Lake Huntington
Public - 7 to 12
Rating
School
Distance
Sullivan West Elementary School
PublicPK to 6

Sullivan West High School At Lake Huntington
Public7 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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More information about 22 Arrowhead Apartments Road, Narrowsburg, NY 12764

22 Arrowhead Apartments Road is a multi-family home for sale in Narrowsburg, NY 12764. This property was listed for sale on November 7, 2023 by Malek Properties, it's currently listed at $2,449,000. This listing's school district is Sullivan West Central School District. Nearby schools include Sullivan West Elementary School and Sullivan West High School At Lake Huntington. 22 Arrowhead Apartments Road is a 12-bed, 8-bath, 15,197 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Malek Properties

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