Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Pets: | Pets No |
| Lot Size: | 0.09 Acres |
Financials
Listing Courtesy of Mark One Real Estate
Wonderful investment opportunity in the heart of Nyack !
- View of front of house with a chimney
- View of home's exterior with a chimney
- View of front of house with brick siding
- View of property exterior with a chimney and brick siding
- Below grade area featuring water heater, separate washer and dryer, and healthy amount of natural light
- Kitchen with stainless steel appliances, a baseboard heating unit, dark marble finish floors, white cabinets, and light countertops
- Additional living space featuring vaulted ceiling, a baseboard radiator, and dark wood-style flooring
- Full bath with baseboard heating, marble look tile flooring, vanity, and bathtub / shower combination
- Entrance to property
- Living area featuring wood finished floors, a fireplace, and recessed lighting
- Kitchen with appliances with stainless steel finishes, light countertops, and white cabinetry
- Bathroom featuring toilet and vanity
- View of patio / terrace
- Entrance to property
- Kitchen featuring black microwave, light countertops, dark wood finished floors, and dark brown cabinetry
- Living area featuring healthy amount of natural light and wood finished floors
- Bathroom with vanity and shower / bath combo with shower curtain
- Kitchen with stove, a baseboard heating unit, fridge, white cabinets, and light countertops
- Kitchen featuring fridge, gas range oven, white cabinetry, light countertops, and tasteful backsplash
- Hallway with baseboard heating, hardwood / wood-style floors, and a textured wall
- Full bath featuring a baseboard heating unit, bathtub / shower combination, marble look tiles, and vanity
- Empty room with baseboard heating, plenty of natural light, and dark wood-style floors
- View of asphalt road featuring curbs, sidewalks, and street lights
- View of asphalt road featuring curbs
Description
Wonderful investment opportunity in the heart of Nyack! Turn key at 8.6% CAP with potential upside!
Completely renovated "true" multi family property consists of the main building with a one bedroom apartment and a studio on the first floor, and 3 bedrooms, kitchen and bath on the second floor. The second floor is a legal rooming house with active licence, currently rented as a 3 bedroom apartment. Full basement for ample tenant storage facility - rare find in downtown Nyack! The second building is a free standing studio apartment with its own storage shed. All tenants have parking on the property. All units have updated bathrooms and kitchens, newer windows and updated lighting. Fabulous cash flow, which can be further improved, should the new owner decide to operate the upstairs as a short term rental (legal according to the CO and active licence from RC Health Department).
Amenities
- Electricity Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Trash Collection Public
- Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.