5 unit apartment building

23 Mine Dock Rd, Fort Montgomery, NY 10922

$800,000 After Repair Value -
$800,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $800,000

After Repair Value $800,000

Costs of Repairs $0

Potential Profit $0

Living Area N/A

Property Type Multi-Family

Bedrooms 5

Bathrooms 6

Half Bathrooms 0

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $75,000

Yearly Expenses $8,000

Property Taxes $12,000

Net Operating Income $60,000

Cap Rate N/A

Property Description

Building had been completely refurbished (gut rehab) and has many amenities (too many to mention here). Turnkey with a positive cash flow. All one bedroom apartments and on site parking. Attached garage and large shed for storage. Two decks and one is private. Quiet location near parks and 40 miles north of Manhattan. Additional vacant lot included.

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