Lake Home Off Market

INVESTORS! - 4 cottage style units perfectly located in desirable Masten lake community. - A beautiful lake neighborhood and picturesque area. Conveniently located just outside of the quaint village of Wurtsboro and only 2 mins to the highway, also not far from Rock Hill between both towns there are plenty of shops, services, restaurants, and more! - 3 units are vacant, one tenant is month to month. - Recent rents have been below market, room to increase for great cap rate! Interior wood accents walls and flooring, updated kitchens and a fourth unit unfinished awaiting your design. - With some upgrades and raise to market rate rents this will be a GREAT income producing property. - With modest increases and minimal upgrades this can perform to a 10 cap or more for years to come - - rentals are needed! - An affordable investment property with a lot of potential with LOW taxes! - Being sold in *AS IS* condition! Easy access to 17, convenient for renters and commuting. a few exits from Resorts World Casino and Kartrite waterpark, only 90 miles from NYC.

Property Details

  • Beds: 8
  • Baths: 5.0
  • Sq Feet: 2232
  • Year Built: 1960
  • Location: Masten Lake
  • Acres: 0.330
  • County: Sullivan County
  • Heat/AC: Forced Air
  • Garage: Driveway
  • Property Taxes: $4,500
  • MLS #: H6188762

Location

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Contact Information:

Ad Statistics:

Lake Home Off Market in Wurtsboro, New York
Ad Number : 2848169
Viewed: 374 times
Added: Jun 21, 2022
Updated on: Nov 07, 2022
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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