FSBO 12-Unit Apt Bldg over 8% cap 1.5 hrs from NYC Middletown, Orange county NY

[Donald Sarka]

                 PROPERTY DESCRIPTION 

  

                  639k

• This is a 7,515 Square foot mixed use residential / commercial property. This property is on a large lot situated in Middletown, Orange county NY. It is approximately 1 ½ hours from New York City.
• This property is very well maintained!
• The property was last renovated in 1994. The structure is of masonry block construction with a concrete slab on grade. Over the masonry is rigid insulation and maintenance free, vinyl siding. There are concrete block fire walls dividing the building into four sections.
• The roof is flat and was just replaced on 1/09 with an EPDM rubber roof over new rigid insulation.
•  The new hot water heating system was installed just before the heating season 2008. There are two natural gas boilers piped together for heat and hot water. The boilers also heat the 80 gallon indirect heater.  The boilers and indirect heater are controlled by a Tekmar controller which operates the boilers based on outside air temp for energy savings. One boiler can handle the load for the building, if necessary.
• The windows are vinyl double hung with insulated glass.
• The drainage pipes are cast iron & PVC, the water lines are copper.
• The building is divided into a commercial area as a café and 11 apartments with a common area for mechanical and storage. Most residents pay for their own electric. There is ample parking on three sides of the building and an open grass area.
• The café pays their own gas, eclectic, water and sewer.

                            There are many long term tenants!

          Call me today!

          845-657-1961

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Rent Roll Income & expenses for investors.xlsx

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[Donald Sarka]

The Asking price is 639k

The property is in very good cond.

I added  the rent roll income and expenses, and a picture in the original disscussion.

Thanks Don

Daniel P. Huie said:

Pics and price?

[Donald Sarka]

The Asking price is 639k

The property is in very good cond.

I added  the rent roll, income and expenses, and a picture in the original disscussion.

Thanks Don

Duane McCalla said:

Donald, can you send me more details on the property. [e-mail]

[Donald Sarka]

The Asking price is 639k

The property is in very good cond.

I added  the rent roll income and expenses, and a picture in the original disscussion.

Thanks Don

Klint Stanley said:

Mr. Sarka,

Can you please send me more information on the property. Price, Pictures, and Financials. Thank you very much.

Klint Stanley

[Donald Sarka]

Hi Jean,

The Asking price is 639k

The property is in very good cond.

I added  the rent roll income and expenses, and a picture in the original disscussion.

Thanks Don

Jean-Baptiste(JB) Toyip said:

Hi Donald,

Could you please send me a property set up including amount of deferred maintenance at [e-mail]

Thanks.

JB

[Klint Stanley]

Mr. Sarka,

Can you please send me more information on the property. Price, Pictures, and Financials. Thank you very much.

Klint Stanley

[Duane McCalla]

Donald, can you send me more details on the property. [e-mail]

[Daniel P. Huie]

Pics and price?

[Jean-Baptiste(JB) Toyip]

Hi Donald,

Could you please send me a property set up including amount of deferred maintenance at [e-mail]

Thanks.

JB