808-812 State Rt 17B

Monticello, NY 12701

$1,700,000
Price
Beds
8,195 Sq. Ft.
$207 / Sq. Ft.
8,195
Sq. Ft.
$207
per Sq. Ft.

Description

Excellent income-producing property! - 4 buildings - 13 units! It's situated on a spacious 3.46-acre lot in the prime Monticello area. The addresses are #808, #812, #818, and #820 State Route 17B with an SBL of 17-1-2. Building #808 has 5 units with 4 two-bedroom units and one studio unit. Building #812 has 6 units with four two-bedroom units and two one-bedroom units. Building #818 is a three-bedroom, ranch-style home, while Building #820 is a one-bedroom, one-loft bedroom cottage. Most apartments...Excellent income-producing property! - 4 buildings - 13 units! It's situated on a spacious 3.46-acre lot in the prime Monticello area. The addresses are #808, #812, #818, and #820 State Route 17B with an SBL of 17-1-2. Building #808 has 5 units with 4 two-bedroom units and one studio unit. Building #812 has 6 units with four two-bedroom units and two one-bedroom units. Building #818 is a three-bedroom, ranch-style home, while Building #820 is a one-bedroom, one-loft bedroom cottage. Most apartments are currently occupied and generate additional income from a public laundry room. Many units have been recently renovated, ensuring excellent condition. The property offers significant potential for additional income, including options to separate utilities and add more units. Recent appraisal valued at $1.8 million! With a pro forma cap rate of nearly 9%, this is a fantastic investment opportunity! Appliances: Electric Water Heater BuildingAreaSource: Other, ConstructionDescription: Vinyl Siding,
  1. Listed by Abraham Lowy • MK Realty Inc
    P: (845)-782-0205 C: (845)-782-0205 abraham@mkrealtyusa.com

Property Details for 808-812 State Rt 17B

Township
Thompson
Architectural Style
Multi Family
Community Features
Park
Garage Spaces
.00
Waterfront
Yes
LISTING UPDATED: 11/19/2024 11:55 AM

Property Details for 808-812 State Rt 17B

StatusActive
MLS #H6334685
Days on Market54
Taxes$10,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1951
Lot Size-
CountySullivan County

Building Information for 808-812 State Rt 17B

Stories-Residences13Year Built1951Building Size-Lot Size-

Property Information for 808-812 State Rt 17B

Summary
Location and General Information
  • MLS Area Minor: 99
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
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: Robert J Kaiser Middle School
  • High School District: Monticello
  • High School: Monticello High School
Unit Information
Unit Information
  • Building Units Total: 13
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 4689-017-0-0001-002-001
  • Tax Map Number: 4689-017-0-0001-002-001
  • Tax Assessed Value: $326,100.00
  • Tenant Pays: Electricity
Income & Expenses Information
Income & Expenses Information
  • Trash Expense: $5,248.00
  • Fuel Expense: $5,000.00
Interior and Exterior Features
Interior Features
  • Amenities: Multi Family, Park, Water Access, Well
  • Living Area Units: Square Feet
  • Basement: Full
  • Location Amenities: Water Access
Exterior Features
  • Exterior Property Features: Common, Parking Lot, Off Street, Private, Park, Wooded
  • Elevation Certificate: No
  • Waterfront Features: Water Access
Lot Information
  • Lot Features: Wooded
  • Site Features: Park, Wooded
  • Building Area Units: Square Feet
Parking
  • Parking Features: Common, Parking Lot, Off Street, Private
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Zoned
  • Heating: Oil, Other, Propane, Baseboard, Electric, ENERGY STAR Qualified Equipment, Forced Air, Hot Water
  • Heat Fuel Type: Oil, Other, Propane, Baseboard, Electric, ENERGY STAR Qualified Equipment, Forced Air, Hot Water
  • Number Of Separate Gas Meters: 0
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Separate Electric Meters: 10
Green Features
  • Green Features: Oil, Other, Propane, Baseboard, Electric, ENERGY STAR Qualified Equipment, Forced Air, Hot Water

Schools near 808-812 State Rt 17B

This home is within Monticello Central School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Kenneth L Rutherford School
Public3 to 5

Robert J Kaiser Middle School
Public6 to 8

Monticello High School
Public9 to 12

George L Cooke School
PublicPK to 2

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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808-812 State Rt 17B is a multi-family home for sale in Monticello, NY 12701. This property was listed for sale on October 29, 2024 by MK Realty Inc, it's currently listed at $1,700,000. This listing's school district is Monticello Central School District. Nearby schools include Kenneth L Rutherford School, Robert J Kaiser Middle School and Monticello High School. 808-812 State Rt 17B is a 0-bed, 0-bath, 8,195 sqft multi-family home built in 1951.

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 MK Realty Inc

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