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Listed by Anthony D'Argenzio • Houlihan Lawrence
$4,150,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202429048
Annual Tax Amount $39,549
Property Sub-Type Multi Family
Source Global MLS
Property Description
This exclusive opportunity features a portfolio of seven properties in Philmont, NY, offering a mix of residential units across various addresses, all within a few block radius. The seller, a seasoned investor, prefers to sell the portfolio as a whole, though individual sales are possible. This portfolio offers an immediate income-generating investment with a projected NOI of $447,500. With a mix of fully renovated units and others primed for upgrades, the portfolio promises both stability and growth potential. Each property has been maintained by the owner, who employs a team of contractors and utilizes DoorLoop for seamless property management. This portfolio offers immediate returns and long-term appreciation in a market with rising property values and increasing demand.
Location
State NY
County Columbia
Zoning Multi Residence
Direction From 217 East Philmont, left on Church St. Buildings down block. Elm St., Canal St., and Main St., buildings within walking distance.
Interior
Heating Other
Flooring Wood, Hardwood, Laminate
Exterior
Roof Type Other,Asphalt
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Others
Tax ID 113.9-1-57
Special Listing Condition Standard
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Catherine Combs
Lic. Real Estate Salesperson | License ID: 10401345850
Lic. Real Estate Salesperson License ID: 10401345850