$475,000
$399,900
18.8%For more information regarding the value of a property, please contact us for a free consultation.
3584 Nys Hwy 55 Bethel, NY 12749
0.49 Acres Lot
Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6185058
Sold Date 06/30/22
Originating Board onekey2
Rental Info No
Year Built 1910
Annual Tax Amount $5,865
Lot Size 0.491 Acres
Acres 0.4906
Property 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 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. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,
Location
State NY
County Sullivan County
Rooms
Basement Bilco Door(s), Full, Unfinished, Walk-Out Access
Interior
Heating Oil
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Electric Water Heater, Oil Water Heater
Exterior
Parking Features Off Street, Parking Lot
Utilities Available Cable Available, Trash Collection Private
Waterfront Description Water Access
View Lake, Water
Total Parking Spaces 10
Building
Lot Description Level, Near Shops, Views
Sewer Public Sewer
Water Drilled Well
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Kenneth L Rutherford School
High Schools Monticello High School
School District Monticello
Others
Special Listing Condition None
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Bought with Keller Williams Hudson Valley