$675,000 Price Analysis    ♡   Grahamsville, NY 12740 5 bed 4 bath 3,764 SqFt ($179/SqFt) 0.71 acre lot. Built 1939 Listed 2024-02-28, Taxes $3,648 | ✓ USDA Eligible near Neversink, NY Restrictions may apply due to home size |
LUCRATIVE INVESTOR OPPORTUNITY
Live in one unit and rent out the other three or accommodate a large family. Immaculately maintained, renovated, turnkey legal 4 family home. $75K reduction, priced to sell. ~$50K+ annual profit. LOW TAXES. Certificate of Occupancy, 100% to code. Three 1 bed, 1 bath apartments and one 2 bed, 1 bath apartment. Some units are vacant, some are rented on a month to month basis without an active lease. Square footage: Unit A- 640 sqft, Unit B- 800 sqft, Unit C- 1000 sqft, Unit D- 665 sqft. Located in Grahamsville, Sullivan County Catskills, the home of The Little World's Fair, the oldest in NY. This stately multifamily with a wraparound porch is located in a prime location: right on Main Street, County Route 55. Grahamsville has a charming small town, old world ambiance. This tranquil setting is surrounded by breathtaking mountains, creeks for boating and fishing and reservoirs.
Enjoy swimming, hiking, a multitude of state parks, Bethel Woods, the casino, shopping, Minnewaska State Park, Kartrite Resort and Indoor Water Park, Holiday Mountain Ski and Fun Park, lakes, wineries, eateries, golf, skiing, paragliding, festivals and much more. Minutes from neighboring Ulster County; 25 min to Monticello and its casino, Resorts World Catskills; 20 min to Route 209, Ellenville and Kerhonkson; under 30 min to NY-17. Seller has been meticulously maintaining and upgrading the property for many years. Property has been fully occupied with tenants for the last 30+ years. No capital improvements will be required in the foreseeable future. Walking distance to Tri-Valley Central School, grades K-12. Walking distance to bank, post office, shops, park. Tenants pay all utilities and trash, municipal sewer. 5 electric meters, 5 gas meters, 4 hot water heaters, 4 boilers. All utilities are turned on. Ample parking for up to 12 vehicles. Generator included in sale. 2 of the units feature fireplaces. Town residents can enjoy the pool, tennis, pickleball, basketball, ice skating and fields for ball sports. Currently below market rent. Schedule yur appointment today!
Presented by Daria Zaitsev at
Keller Williams Realty.
Property MLS #H6291421 from OneKeyMLS
Full Bathrooms: 4
Eat-in Kitchen
Walk-In Closet(s)
Basement Description: Unfinished, Walk-Out Access
Road Responsibility: Public Maintained Road
Lot Size Acres: 0.7100092
Lot Size Square Feet: 30928
Parking Total: 12
Calculated Total Monthly Association Fees: 0
Elementary School District: Tri-Valley
High School: Tri-Valley Secondary School
High School District: Tri-Valley
Middle School: Tri-Valley Secondary School
Middle or Junior School District: Tri-Valley
Map directions Map directionsNumber of 1 Bedroom Units: 3
Number of 2 Bedroom Units: 1
Source Listing Status: Active
County: Sullivan
List Price Low: 675000
Source Property Type: Residential Income
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Parcel Number: 4200-027-0-0002-010-000
Postal City: Grahamsville
Township: Neversink
Property Subtype: Multi Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $3,700 + $500 $4,200 | $3,648 |
| 2022 | $3,700 + $500 $4,200 | $3,898 |
| 2021 | $3,700 + $500 $4,200 | $3,878 |
| 2020 | $3,700 + $500 $4,200 | $1,697 |
| 2017 | $3,700 + $500 $4,200 | $3,778 |
| 2016 | $3,700 + $500 $4,200 | $3,711 |
| 2015 | $3,700 + $500 $4,200 | $3,656 |
| 2014 | $3,700 + $500 $4,200 | $3,557 |
| 2014 | $3,700 + $500 $4,200 | $3,661 |
| 2013 | $3,700 + $500 $4,200 | $3,441 |
| 2012 | $3,700 + $500 $4,200 | $3,281 |
| 2011 | $3,700 + $500 $4,200 | $3,102 |
| 2010 | $3,700 + $500 $4,200 | $3,111 |
| 2009 | $3,700 + $500 $4,200 | $2,849 |
| 2007 | $3,700 + $500 $4,200 | $995 |
$675,000
OneKeyMLS
Price Changed 2024-05-01
$725,000
OneKeyMLS
Listed 2024-02-28
$750,000
OneKeyMLS
Year Built: 1939
Common Walls: No Common Walls
Construction Materials: Frame, Vinyl Siding
Property Age: 85
Year Built Effective: 1996
Architectural Style: Two Story
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.