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1-5-6-7 Bel Air Drive

Wallkill, NY 12589
  • $2,300,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: H6232175
Price Reduced
UPDATED: 6 min ago
$2,300,000
  • 24
    BEDS
  • 12.8
    ACRES
  • 8
    BATHS
  • 8
    1/2 BATHS
  • 12,010
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1999
County:
Area:

School Information

Elementary School:
School District:

Description

RARE OPPORTUNITY. FIRST TIME ON THE MARKET FOR THESE FOUR DUPLEX HOMES. Highly sought after, unlike anything in the area. Stunning portfolio. 7.5% CAP with upside, many long term tenants with below market rent. Solidly built and well maintained, this collection of five side-by-side colonial homes delivers a total of ten rental units on the same cul de sac. Each of the ten units boasts 3,000 square feet of heated living space with basements. Architecturally designed to maximize privacy, each home offers three bedrooms, 1.5 baths, first-floor laundry and a basement/or upper level bonus room. These properties are all in excellent condition and come with high-end finishes such as granite counters, ceramic tile and maple cabinetry. These four duplex homes represent an unmatched BUSINESS INVESTMENT. All separate utilities. TENANTS PAY ALL EXPENSES except lawn care. YOU WILL NOT FIND A BETTER SIDE-BY-SIDE MULTI-FAMILY INVESTMENT. Part of the desirable Wallkill school district, these properties are enhanced by ready access to the Hudson Valley's top outdoor recreation attractions, including Shawangunk ridge, rail trails/hiking, wineries/breweries, and farms.

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© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or DynamicEdge Realty. Data last updated: 2023-04-01T13:17:20.88.
www.dynamicedgerealty.com/homes/137007492
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1-5-6-7 Bel Air Drive Wallkill, NY 12589

  • Price: $2,300,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 6 min ago
  • MLS #: H6232175
24
Beds
8
Baths
8
½ Baths
12.8
Acres
12,010
SQFT
$192
$/SQFT
1999
Built
Neighborhood:
Newburgh
County:
Orange
Area:
Newburgh
Elementary School:
Leptondale Elementary School
Middle School:
John G Borden Middle School
High School:
Wallkill Senior High School
School District:
Wallkill
Property Description
RARE OPPORTUNITY. FIRST TIME ON THE MARKET FOR THESE FOUR DUPLEX HOMES. Highly sought after, unlike anything in the area. Stunning portfolio. 7.5% CAP with upside, many long term tenants with below market rent. Solidly built and well maintained, this collection of five side-by-side colonial homes delivers a total of ten rental units on the same cul de sac. Each of the ten units boasts 3,000 square feet of heated living space with basements. Architecturally designed to maximize privacy, each home offers three bedrooms, 1.5 baths, first-floor laundry and a basement/or upper level bonus room. These properties are all in excellent condition and come with high-end finishes such as granite counters, ceramic tile and maple cabinetry. These four duplex homes represent an unmatched BUSINESS INVESTMENT. All separate utilities. TENANTS PAY ALL EXPENSES except lawn care. YOU WILL NOT FIND A BETTER SIDE-BY-SIDE MULTI-FAMILY INVESTMENT. Part of the desirable Wallkill school district, these properties are enhanced by ready access to the Hudson Valley's top outdoor recreation attractions, including Shawangunk ridge, rail trails/hiking, wineries/breweries, and farms.
Exterior Features

Construction Materials FrameVinyl Siding Garage YN No Lot Features LevelPartly WoodedSlopedCul-De-Sec Parking Features CommonParking LotOff StreetUnassigned Patio And Porch Features DeckPorch View Panoramic

Interior Features

Basement FinishedPartially FinishedSee Remarks Cooling ZonedNone Cooling YN Yes Flooring Hardwood Heating PropaneBaseboard Interior Features Eat-In KitchenFormal Dining RoomEntrance FoyerGranite CountersPowder Room

Property Features

Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 44000.00 Water Source Well

Listing courtesy of Lyra Blumenthal of Re/Max Benchmark Realty Group: 845-565-0004
© 2023 OneKey MLS. All rights reserved.


© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or DynamicEdge Realty. Data last updated: 2023-04-01T13:17:20.88.
 
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