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bedrooms
bedrooms
10
bathrooms
bathrooms
7
square feet
square feet
4,928
acreage
Acreage
2.0
open houses
Open Houses
-
year built
year built
1920
full baths
Full Baths
7
half baths
Half Baths
0
Opportunity awaits at 18 Mountain Turnpike! This 5-unit apartment building offers a significant investment potential with a promising estimated gross income of $112,000 per year. Recent upgrades include a new 7-meter electric panel, a new heating system installed in 2020, and a state-of-the-art engineered 3,000-gallon septic system also from 2020.The property features ample parking for approximately six cars and includes a two-car garage with three storage units. Please note, the building is currently gutted and requires extensive structural and renovation work, with estimated repair costs ranging from $75,000 to $100,000 per unit. This property will not qualify for financing and is being sold AS-IS.This is a perfect project for the savvy investor ready to transform this space into a high-income-generating property. Don't miss out on this exciting opportunity!
Location
Subdivision -
County Greene
Elementary School -
Middle School -
High School -
Exact location data not provided
no map
open houses Open houses
None scheduled.
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MLS number: 154138
Listing agent: Michael Magliocca
Listing broker: Century 21 New West Properties 9432620
Copyright © 2025 Columbia Greene and Northern Dutchess MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 1 2025 at 3:03 a.m. EST
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