1255 Lucas Ave Rosendale, NY 12472

$295,000
1255 Lucas Ave, Rosendale, NY 12472
20180187

Multi-Family Home for sale in Rosendale, NY

for $295,000. This home was built in 1969 on a lot size of 2 Acre(s).

Property Information

  • $295,000
  • Multi-Family
  • Taxes are $2,350
  • 4 Family
  • Active
  • Lot size of 2 Acre(s)
  • Built in 1969
  • Rosendale, NY
  • Ulster County
  • MLS/Web ID is 20180187

Description

Great 4 unit investment property with a 9.77% cap rate at asking price. Property consists of a solid, renovated 3 family home, detached 2 bedroom mobile home and a detached 2 car garage. The home and trailer are set off the road on a sprawling 2 acre parcel great for owner use or land for tenants to enjoy. First floor 3 bedroom apartment has been recently vacated, we are leaving that unit vacant to make showings easier, owner will rent the unit prior to closing if a buyer requests. 9.77% cap rate at asking price includes all expenses, $1, 200 lawn/snow expense, 3% vacancy rate and a 3% repair and maintenance expense. Owner pays the heat and hot water for the 3 family home (oil boiler) tenants pay the electric, mobile home tenant pays all their own expenses. There are two wells and two septic system on the property, one for the 3-family and one for the mobile home. 3-family has a newer concrete septic tank and a new septic line going from the house to the tank. The mobile home has a newer plastic septic tank. Roof on the 3-family is about 4-5 years old, architectural 30 year shingle. First showing we can only see the vacant 3 bedroom unit, utility room for the 3-family, 2 car detached garage and all the grounds. Second showing we can see all the other occupied units.

Interior 11

Appliances

  • Carbon Monoxide Detector
  • Range
  • Refrigerator
  • Smoke Detector

Attic

  • Permanent Stairs

Basement

  • Finished
  • Full Basement
  • Walk-Out

Building Amenities

  • Garden

Cooling System

  • Ceiling Fan(s)

Flooring

  • Ceramic Tile Flooring
  • Hardwood Floors
  • Vinyl Flooring

Heating Source

  • Oil

Heating System

  • Baseboard
  • Forced Air
  • Hot Water
  • Hot Water Heater: Electric
  • Oil Hot Water

Room Features

  • Cabinets - Custom Built
  • Cabinets - Wood

Sewer

  • Septic System

Water Source

  • Well

Exterior 9

Community Amenities

  • Playground

Construction

  • Frame

Driveway

  • Driveway
  • Gravel/Crushed Stone Driveway

Exterior

  • Deck
  • Insulated Doors
  • Landscaped
  • Low Energy Windows
  • Patio
  • Storm Windows

Garage

  • 2 Car
  • 3+ Car
  • Detached

Lot Description

  • Level/Flat
  • Sloping

Parking

  • Off Street Parking

Roof

  • Asphalt Shingles
  • Membrane

Siding

  • Aluminum

Miscellaneous 1

Location

  • Rural

Rental 3

Landlord Pays

  • Insurance
  • Maintenance
  • Taxes
  • Trash/Garbage Pickup
  • Utilities

Lease Terms

  • Month to Month

Tenant Pays

  • All Utilities
  • Electric

† Excluded Feature

Neighborhood & Schools

School District: KINGSTONCONSOLD

Listed By

Listing Agent: Gregory Berardi
Broker: WIN MORRISON REALTY

1255 Lucas Ave, Rosendale, NY, 12472 is a Multi-Family Home for sale at $295,000 with a lot size of 2 Acre(s). 1255 Lucas Ave has 0.0 baths and was built in 1969. The property's zip code is 12472 which is in Rosendale, NY

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in Rosendale $243,710 17 % below $195,000 34 % below
Multi-family listings in Rosendale $295,000 0 % below $295,000 0 % below

Get the facts about Rosendale, NY!

Population 5,967
Population Growth (since 2000) -3 %
Median Income $56,262
Median Age 44.67
Households w/ Children 26 %

Residential Dwellings

  • Owned 1856
  • Vacant 278
  • Rented 671

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363