24
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$795,000
Est. payment /mo
3,920 Sqft Lot
Active
94 N Highland AVE Nyack, NY 10960
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 885633
Rental Info No
Year Built 1924
Annual Tax Amount $19,341
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Multi Family
Source onekey2
Property Description
Wonderful investment opportunity in the heart of Nyack! Turn key at 8.6% CAP with potential upside!
Completely renovated "true" multi family property consists of the main building with a one bedroom apartment and a studio on the first floor, and 3 bedrooms, kitchen and bath on the second floor. The second floor is a legal rooming house with active licence, currently rented as a 3 bedroom apartment. Full basement for ample tenant storage facility - rare find in downtown Nyack! The second building is a free standing studio apartment with its own storage shed. All tenants have parking on the property. All units have updated bathrooms and kitchens, newer windows and updated lighting. Fabulous cash flow, which can be further improved, should the new owner decide to operate the upstairs as a short term rental (legal according to the CO and active licence from RC Health Department).
Completely renovated "true" multi family property consists of the main building with a one bedroom apartment and a studio on the first floor, and 3 bedrooms, kitchen and bath on the second floor. The second floor is a legal rooming house with active licence, currently rented as a 3 bedroom apartment. Full basement for ample tenant storage facility - rare find in downtown Nyack! The second building is a free standing studio apartment with its own storage shed. All tenants have parking on the property. All units have updated bathrooms and kitchens, newer windows and updated lighting. Fabulous cash flow, which can be further improved, should the new owner decide to operate the upstairs as a short term rental (legal according to the CO and active licence from RC Health Department).
Location
State NY
County Rockland County
Rooms
Basement Common, Full, Walk-Out Access
Interior
Heating Baseboard
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None
Listed by Mark One Real Estate