Well-maintained multifamily investment opportunity in the Village of Highland Falls. The property features three separate one-bedroom, one-bath apartments, with the first-floor apartment occupying the entire floor and two additional apartments located on the second floor. One of the second-floor apartments also offers walk-up attic access, providing additional potential. The basement offers washer and dryer facilities and areas that can be designated as storage for each unit. Recent updates include a new oil tank; two electric water heaters serving apartments 1 and 2; refinished hardwood floors in the first floor apartment; front and back porch steps; refrigerator in a second floor apartment, ceiling fans first floor apartment; and updated plumbing.All three units are currently occupied by month-to-month tenants, with rents reported below current market value, providing an opportunity for a new owner to potentially increase rental income over time (subject to applicable laws and tenant agreements). Owner pays oil for heat, water, sewer and trash. Tenants pay electric, hot water, internet and phone.Ideally located within walking distance of Roe Park, residents have convenient access to a basketball court, playground, pavilion with bathrooms, softball and Little League fields, seasonal pool, and community events, including the annual Fourth of July celebration with live music and fireworks. Located less than one mile from the gates of West Point, a short drive to Bear Mountain State Park, the property also offers convenient access to multiple train stations providing service to New York City, all within approximately an 18-minute drive.Come see this multifamily home offering existing rental income and potential for future rent growth in a highly accessible location. Showing requests must be made a minimum of 48 hours in advance, are by seller agent access, and must be coordinated in advance with the tenants. All photos have been photoshopped and tenants personal belongings have been removed. Home sold as is.
Listing By
Agency Name: Howard Hanna Rand Realty
Agency Contact: 845-928-9691
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 2,355.42 per month $1,324.21 Principal & Interest $857.67 Property Tax $173.54 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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13 Fostoria Street | MLS# 1055063
This multi-family property located at 13 Fostoria Street , Highland Falls, NY 10928 is currently listed for sale with an asking price of $595,000. Fostoria Street is located within the Highland Falls school district. Search Highland Falls real estate on www.coldwellbankerchoice.com today.