Listing Detail #149895 — Multi Family

Summary

Listing Price: $360,000

Address19 weaver Road, Gallatin, NY 12523
Bedrooms5
Bathrooms2 (2 full)
Year Built1951
Square Feet2262
Lot Size3 acres
Exclusive Investment Opportunity: Immediate Action RequiredWe present to you a golden opportunity to substantially increase your investment portfolio with this recently renovated duplex, characterized by individual units that hold the promise of high rental yields. This investment beckons with the allure of not just timely returns but a potential for escalated profits owing to the prospective addition of another rental unit. Here are the salient features and urgent aspects to consider:1. Robust Current Tenancy:Continued Occupancy: The current tenant has expressed a keen interest in continuing their lease, showcasing the property's desirability and guaranteeing a steady income stream.2. Potential Expansion Opportunity:Walkout Basement Ready for Conversion: The full walkout basement in the main unit beckons with the opportunity to be converted into an additional rental unit, pending necessary town permits and zoning permissions. This presents a lucrative avenue for boosting your revenue substantially.3. Recent Renovations and Amenities:Modern Open Concept: The units have been thoughtfully renovated to feature an open concept design, boasting larger bedrooms and a spacious living room.Premium Vinyl Flooring: Adding a touch of sophistication and ease of maintenance, the units feature high-quality vinyl flooring.Off-Street Parking: Further enhancing the property's appeal is the provision for off-street parking, adding a layer of convenience for the potential tenants.4. Minimal Landlord Responsibilities:Low Maintenance Commitment: The landlord's responsibilities are notably low, with tenants taking charge of ground maintenance and snow removal, allowing you to enjoy a hassle-free investment.Tax Only Landlord Obligation: As the landlord, your primary obligation would be catering to the tax payments, facilitating an easy management process.5. Showing Schedule:24-Hour Notice Requirement: Given the existing tenant occupancy and to ensure smooth transitions, please note that a 24-hour notice is required to arrange property showings.We urge you to act swiftly to seize this promising investment opportunity. The duplex stands as a beacon of potential, ready to reward proactive investors with significant returns. Please get in touch at your earliest convenience to explore this avenue that perfectly marries potential with profitability.

Contact Information

Barbara A. Korabel — Four Seasons Realty Group

Primary Phone(845) 476-1514
Secondary Phone(845) 255-0019
Emailbkorabel@earthlink.net
Office Phone(845) 255-0019
Office Fax(888) 908-1635
Office Address35 Outlook Farm Drive, New Paltz 12561

General Information

Electric IncludedCircuit Breakers
Bathrooms2 full bathrooms
BasementFull
Paved StreetYes
School DistrictPine Plains
AreaGallatin — Columbia County
Flood ZoneUnknown

Property Features

ConditionGood
RoofMetal
SidingVinyl
WindowsVinyl Clad
ConstructionBlock,Frame
FoundationBlock
# of Units2
# of Heaters2
# of Meters2

Unit Features

UNIT 1 
Rooms
Appliances
Heat Included
Electric Included
Lease Expires
Occupied
Rent$0/mo
Description

Public Records

School Tax$6,867
Town Tax$1,355
Village Tax$0
Assessment$184,000
Tax ExemptionsNo

Utilities

WaterWell
SewerSeptic Tank
ElectricCircuit Breakers
Heater TypeOil
Water HeaterOil

Directions

START US-9). Turn right onto E Kerley Corners Rd (CR-78). Turn left onto County Route 19 Turn right onto Snyderville Rd. Turn slightly left onto Weaver Rd.