Rare 6 Unit Income Property 10 Cap in Highland, NY HOLD.
| Website: | https://www.nestseekers.com/5424938 |
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| Address: | Ulster, NY 12528 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Lot Size: | 0.4 Acres |
Financials
Description
Rare 6-Unit Income Property – 10% Cap in Highland, NY ( HOLD.. you don't need a commercial mortgage; you can do a simple multi-family mortgage. Call me will explain how)
Looking for stability and high yield? This property offers a perfect blend of high returns and low management stress. This 6-unit building operates at a 10% cap rate with a proven history of zero vacancy. Enjoy the benefits of a "hands-off" utility structure where tenants cover their own costs, significantly reducing owner expenses.
The property offers excellent parking for residents and is home to high-quality tenants who take pride in their community. Whether you are looking to 1031 exchange or start a high-yield portfolio, this turnkey asset is ready to perform from day 1
Amenities
- Back Yard
- Natural Gas Available
- Other
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 | |
| Listing Courtesy of MS Realty Group USA, Inc | |