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$ 798,000
Est. payment /mo
Coming Soon
108 Vineyard AVE Highland, NY 12528
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 987729
Rental Info No
Year Built 1890
Annual Tax Amount $13,980
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Multi Family
Source onekey2
Property Description
Rare 6-Unit Income Property – 10% Cap in Highland, NY ( HOLD.. you don't need a commercial mortgage; you can do a simple multi-family mortgage. Call me will explain how)
Looking for stability and high yield? This property offers a perfect blend of high returns and low management stress. This 6-unit building operates at a 10% cap rate with a proven history of zero vacancy. Enjoy the benefits of a "hands-off" utility structure where tenants cover their own costs, significantly reducing owner expenses.
The property offers excellent parking for residents and is home to high-quality tenants who take pride in their community. Whether you are looking to 1031 exchange or start a high-yield portfolio, this turnkey asset is ready to perform from day 1
Looking for stability and high yield? This property offers a perfect blend of high returns and low management stress. This 6-unit building operates at a 10% cap rate with a proven history of zero vacancy. Enjoy the benefits of a "hands-off" utility structure where tenants cover their own costs, significantly reducing owner expenses.
The property offers excellent parking for residents and is home to high-quality tenants who take pride in their community. Whether you are looking to 1031 exchange or start a high-yield portfolio, this turnkey asset is ready to perform from day 1
Location
State NY
County Ulster County
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling None
Flooring Hardwood
Fireplace No
Exterior
Parking Features Parking Lot, Private
Utilities Available Natural Gas Available
Building
Lot Description Back Yard
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Others
Special Listing Condition None

Listed by MS Realty Group USA, Inc • Moses Zwiebel
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