379 Rt-296
Windham, NY 12439

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 4
Lot Size: 0.2 Acres

Financials

Price:$630,000
Annual Taxes:$4,886.93
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Serhant LLC

Four apartments across two buildings on a single parcel in the center of Hensonville, with a dedicated parking lot and an adjoining vacant lot included.

Description

Four apartments across two buildings on a single parcel in the center of Hensonville, with a dedicated parking lot and an adjoining vacant lot included. All four units are two bedroom, one bath, all occupied, and tenants pay their own utilities. Scheduled gross rent is $51,600 a year. New roofs. 1987 construction, which puts this a generation newer than most of the small multifamily stock on the mountaintop and means fewer of the deferred maintenance surprises that come with the 1900s inventory. Public water and public sewer. Two tax parcels totaling 0.35 acres, 96.14-1-32 and 96.14-1-31.1. Hensonville sits minutes from Windham Mountain Club, midway through a capital program north of $70 million, and this location draws year round tenants rather than seasonal demand alone. Rents here sit below what the surrounding market supports, leaving room to move them at turnover. Rent roll, leases and tax bills available to qualified buyers on request. Buyers should underwrite independently.

Amenities

  • First Floor Bedroom
  • First Floor Full Bath
  • Storage

Long Island MLS

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.