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70 Champlin Avenue

Liberty, NY 12754
  • $365,000
  • STATUS: Active
  • MLS #: H6188275
UPDATED: 59 min ago
$365,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,662
    SQFT
  • $137
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
School District:

Description

AMAZING MONEY MAKER-DELIVERED VACANT AND FULLY RENOVATED. Fully renovated-New Roof, Upgraded/Updated Electric, New Electric Heat, New plumbing, new Windows, New Flooring, New Kitchen Cabinets, etc.All tenants pay their own electric charges-Heat, hot water and cooking are all electric paid for by the tenant Landlord pays for electric in common areas and the water but the water line going to each apartment is separate and has a meter so landlord can see the usage of each apartment or may charge tenant for water. Apt 1A: Studio: 750 Apt 1B: 2-3 bedroom/1 bath: 1,400 Apt 2: 2-3 bedroom/1 bath: 1,300 Apt 3: 2 bedroom/1 bath: 1,300 Total rent: 4,750 (These rents can easily be higher as there are very few apartments for rent in this area and more people are moving to this area) Annual Revenue: 57,000 Expenses: 17,850-Taxes: 9,600 (County 2,116, School 3,446, Village 4,038), Insurance 2,000, Water/Sewer 2,500, Repairs/Maintenance: 3,000, Electric 750 NOI: 39,150 Cap Rate: 39,150/390,000= 10%

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© 2022 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 Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2022-09-27T23:16:46.667.
www.greathudsonvalleyhomes.com/homes/129263830
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70 Champlin Avenue Liberty, NY 12754

  • Price: $365,000
  • Status: Active
  • On Site: Days
  • Updated: 59 min ago
  • MLS #: H6188275
0
Beds
0
Baths
0
½ Baths
0.57
Acres
2,662
SQFT
$137
$/SQFT
1920
Built
Neighborhood:
Liberty
County:
Sullivan
Area:
Liberty
Elementary School:
Liberty Elementary School
Middle School:
Liberty Avenue Middle School
High School:
Liberty High Sch Acad-Newcomers
School District:
Liberty
Property Description
AMAZING MONEY MAKER-DELIVERED VACANT AND FULLY RENOVATED. Fully renovated-New Roof, Upgraded/Updated Electric, New Electric Heat, New plumbing, new Windows, New Flooring, New Kitchen Cabinets, etc.All tenants pay their own electric charges-Heat, hot water and cooking are all electric paid for by the tenant Landlord pays for electric in common areas and the water but the water line going to each apartment is separate and has a meter so landlord can see the usage of each apartment or may charge tenant for water. Apt 1A: Studio: 750 Apt 1B: 2-3 bedroom/1 bath: 1,400 Apt 2: 2-3 bedroom/1 bath: 1,300 Apt 3: 2 bedroom/1 bath: 1,300 Total rent: 4,750 (These rents can easily be higher as there are very few apartments for rent in this area and more people are moving to this area) Annual Revenue: 57,000 Expenses: 17,850-Taxes: 9,600 (County 2,116, School 3,446, Village 4,038), Insurance 2,000, Water/Sewer 2,500, Repairs/Maintenance: 3,000, Electric 750 NOI: 39,150 Cap Rate: 39,150/390,000= 10%
Exterior Features

Construction Materials Frame Garage YN No Parking Features Off Street

Interior Features

Cooling None Cooling YN No Heating ElectricBaseboard

Property Features

Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 9600.00 Water Source Public

Listing courtesy of David White of Owner Entry.Com: 617-542-9300
© 2022 OneKey MLS. All rights reserved.


© 2022 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 Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2022-09-27T23:16:46.667.
 
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