Studio house for sale
Off Market - Tannersville NY 12485Overview
Introducing a remarkable investment opportunity nestled within the scenic surroundings of Tannersville, NY. This property boasts 9 apartments and 2 commercial office spaces, spread over a.93-acre parcel. Located a mere 3 miles from the thrilling slopes of Hunter Mountain Ski Resort and 2 miles from the serene beaches and trails of North/South Lake, this property promises a unique blend of serene living and outdoor adventure. Offering an attractive proposition for investors, this property generates considerable rental income with a strong history of full occupancy. Annual income is $102, 120, expenses are approximately $42, 118 with a $60, 002 annual profit. The diverse array of living spaces includes studios, one-bedroom units, and exclusive units featuring lofts, with rental rates ranging from $750 to $925 per month. In addition to the residential units, the two office spaces have potential to yield $500 per month A lasting testament to its appeal is the current ownership stretching over 35 years, during which it has attracted and retained responsible tenants. Conveniently located just 2 hours from NYC, this property stands out as a gateway to the plethora of leisure activities the area has to offer, including skiing at Hunter and Windham Mountains, hiking at Katterskill Falls, and several nearby golf courses. With such a diverse range of attractions, this investment opportunity is poised to attract a steady stream of tenants year-round. View at (Youtube video is dated 2013 and was created by the owner/seller). Photos provided in this listing are owned by the seller. The photos have been taken over the years.Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
This property is no longer on the market
We may have similar properties below.Details
- Beds: 0
- Baths: 10
- Area: 7,200 sqft
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