3584 Nys Hwy 55

Bethel, NY 12749

$475,000
Last Sold Price
5
Beds
6,204 Sq. Ft.
$77 / Sq. Ft.
6,204
Sq. Ft.
$77
per Sq. Ft.

Closed 6/30/22

Closed 6/30/22

Description

Wow! What a great investment opportunity in one of Sullivan County's hottest locations! Downtown Kauneonga Lake has been dubbed "Restaurant Row" and is known for great eats on the lakefront strip in Bethel. Currently the building is set up as a 4 unit mixed-use investment with the Kauneonga Post Office as the anchor. There are three apartments all rented with under market value rents. Landlord pays heat and hot water and tenants pay electric. Post office pays all their own utilities and has a long...Wow! What a great investment opportunity in one of Sullivan County's hottest locations! Downtown Kauneonga Lake has been dubbed "Restaurant Row" and is known for great eats on the lakefront strip in Bethel. Currently the building is set up as a 4 unit mixed-use investment with the Kauneonga Post Office as the anchor. There are three apartments all rented with under market value rents. Landlord pays heat and hot water and tenants pay electric. Post office pays all their own utilities and has a long term lease. According to Sullivan County records this is a legal 5 unit property. Large parking lot in rear for the tenants use, small deck and ramp in the front for ADA compliant access to commercial space. Great location across from lake, walk to the public launch, restaurants and shops. Moments from Bethel Woods Center for the Arts. Apartments are in good condition and there is a full walk up attic which could be used for studio, storage or add more living space with town approvals.
  1. Listed by Carol Malek • Malek Properties

Property Details for 3584 Nys Hwy 55

Township
Bethel
View
Other, Lake, Water
Garage Spaces
0.0
Waterfront
true
LISTING UPDATED: 07/01/2022 02:37 PM

Property Details for 3584 Nys Hwy 55

StatusClosed
MLS #H6185058
Days on Market13
Taxes$5,865 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.49 AC / 21,371 SF
CountySullivan County

Location

Listing Courtesy of Malek Properties

Sold By Keller Williams Hudson Valley

Building Information for 3584 Nys Hwy 55

Stories-Residences5Year Built1910Building Size-Lot Size0.49 AC / 21,371 SF

Payment Calculator

$2,977 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,489

Property Taxes

$489

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3584 Nys Hwy 55

Summary
Location and General Information
  • Village: None
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Year Built Source: Owner
  • Year Built Effective: 2015
  • Property Attached: No
  • Structure Type: Detached
  • Square Footage Source: Municipality
  • Lot Size Source: Other
School Information
  • School District: Monticello
  • Elementary School District: Monticello
  • Elementary School: Kenneth L Rutherford School
  • Middle Or Junior School District: Monticello
  • Middle Or Junior School: Call Listing Agent
  • HighSchool District: Monticello
  • High School: Monticello High School
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: Yes
  • Unit Type Actual Rent: $650.00
  • Unit Type Appliances: Oven/Range, Refrigerator
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: Yes
  • Unit Type Actual Rent: $800.00
  • Unit Type Appliances: Oven/Range, Refrigerator
Unit 3 Information
  • Unit Type Unit Number: Unit_3
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Leased: Yes
  • Unit Type Actual Rent: $625.00
  • Unit Type Appliances: Oven/Range, Refrigerator
Unit 4 Information
  • Unit Type Unit Number: Unit_4
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 0
  • Unit Type Rooms Total: 3
  • Unit Type Leased: Yes
  • Unit Type Actual Rent: $2,400.00
Unit Information
  • Number Of 1 Bedrooms: 1
  • Number Of 2 Bedrooms: 2
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 5
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 2000-036-0-0003-004-000
  • Tax Map Number: 2000-036-0-0003-004-000
  • Tenant Pays: Electricity, Heat, See Remarks
Income & Expenses Information
Income & Expenses Information
  • Maintenance Expense: $2,000.00
  • Trash Expense: $1,680.00
  • Fuel Expense: $6,328.00
  • Other Expense: $2,020.00
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, ADA Access, Deck, Eat in Kitchen, Entrance Foyer, High Speed Internet, Lake Views, Other, Porch, Storage, Water Access, Water View, Well
  • Interior Features: 1st Floor Bedrm, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Storage
  • Living Area: 6204.0
  • Living Area Units: Square Feet
  • Basement: Bilco Door(s), Full, Unfinished, Walk-Out Access
  • Location Amenities: ADA Access, Walk Out Basement, 1st Floor Bedrm, Eat in Kitchen, Entry Foyer, Foyer, High Speed Internet, Storage, Deck, Porch, Lake Views, Water View, Water Access
  • Accessibility Features: ADA Access
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: ADA Access, Deck, Porch, Parking Lot, Off Street, Level
  • Elevation Certificate: No
  • Patio And Porch Features: Deck, Porch
  • Construction Materials: Frame, Vinyl Siding
  • Road Responsibility: Public Maintained Road
  • Waterfront Features: Water Access
  • ViewYN: Yes
Lot Information
  • Lot Features: Level
  • Site Features: Level
  • Building Area Units: Square Feet
Parking
  • Parking Features: Parking Lot, Off Street
  • Parking Total: 10.0
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Oil, Baseboard, Hot Water
  • Heat Fuel Type: Oil, Baseboard, Hot Water, Electric Stand Alone, Fuel Oil Stand Alone
  • Hot Water: Electric Stand Alone, Fuel Oil Stand Alone
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 0
  • Sewer: Public Sewer
  • Water Source: Well
Green Features
  • Green Features: Oil, Baseboard, Hot Water, Electric Stand Alone, Fuel Oil Stand Alone
Agent
Sale and Listing Information
  • Owner Pays: Insurance

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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Malek Properties

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