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5848 S Elm Avenue, Millerton, NY 12546

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For Sale

$349,000

5 beds • 5 baths • 2,734 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $127.65
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

4 family unique-not many in area. Income flow justifies any improvements needed over time.All units now occupied with new bath added to lower floor apt. Tenants pay and take care of snow removal. Room for off street parking for one car per unitOwner pays hot water (approx $800 per year ) garbage removal, insurance- general maintUnits needs some improvements but has functioned as a rental unit for 26 plus years5 elect meters tenants pay electric and heatClose to village stores and rail trailRentals as follows- first floor shared apt brings in a total of $1800 mo with two one br areas- two full baths kitchen with second shared unit using hot plate area for cooking in front of first floor-/div>Second floor- one studio apt with lr br combo shower and hot plate kitchen area with small refrigerator at $500 per month In addition second floor unit has 1 br apt with full bath and kitchen at $1,000 per monthThird floor 1 br with lr area as well as full bath Eik kitchen area at $1000 per monthOwner pays approx $1800 year for insuranceSeptic has recently been cleaned out- there are three 1200 gallon cess pool areas with small drain field-;Taxes. Are just over $6500 per year including second included parcel ( main house on one tax bill and adjoining tax parcel on another included in sale)Owner pays garbage removal approx $900 year, owner cuts grass in season- tenants pay for snow removal Note: tenants are untidy!
MLS# 156324

Courtesy Of Steed Real Estate

4898706

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Lot Size
    0.23 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 5848 S Elm Avenue, Millerton, NY 12546

Home seller CENTURY 21 Hudson Valley Realty

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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