1314 Route 28, West Hurley, NY 12491
$399,900
List Price
Off Market
Listing ID |
10490531 |
|
|
|
Property Type |
Multi-Unit |
|
|
|
County |
Ulster |
|
|
|
Total Tax |
$7,700 |
|
|
|
|
Tax ID |
000000-038.004-0005-013.000 |
|
|
|
FEMA Flood Map |
fema.gov/portal |
|
|
|
Year Built |
1902 |
|
|
|
|
|
|
|
|
|
LOCATION, LOCATION, LOCATION!!!! This elegant totally renovated ca. 1902 converted residence has a great location....situated between Kingston and Woodstock on the highly traveled Route 28W. This totally updated property has been converted into legal office space, suitable for doctors, lawyers, accountants, etc. Whatever your heart desires!! There is a large paved parking lot and a charming 1 bdrm bungalow, currently rented for $950 per mo. to complete the picture. The first floor has been beautifully maintained and possesses a one room office rental and a two-room office with waiting room. There is also a beautiful kitchen with fridge, coffeemaker, microwave and toaster oven, and of course, a gorgeous rest room as well. The second floor, with handicap accessibility, consists of 6 spacious rooms including public rest room. Rooms are carpeted with great light and an executive office with palladian window. Rooms are suitable for waiting room, administrative offfice, conference room, patient examining rooms, etc. This property has not been on the market for over 20 years and has been updated to perfection. There is plenty of room for whatever professional dream you may have. Office space currently on the market and vacant, so you can choose to do what you wish. Beautifully landscaped and located in the best spot in town. Minutes from the NYS Thruway and the best that Kingston and Woodstock have to offer, and where nearly 20,000 cars a day drive by and can be introduced to your business. There is a 12 x 16 shed with concrete floor and electric, which can also be rented and there is also a two car garage beneath the bungalow which can be rented as well for storage. The pro forma indicates a gross income of $57,000 and an NOI of approx. $43,000 for a cap rate over 10%. Which is what everyone is looking for.
|
- 0.47 Acres
- Built in 1902
- 5 Units
- $2,706 School Tax
- $5,026 County Tax
- $7,700 Total Tax
Listing data is deemed reliable but is NOT guaranteed accurate.
|