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  • Price$580,000
  • Beds4
  • Baths4
  • Sq. Ft.3,540
  • Acres1.17
  • Built1960

879 Farmers Mills Road, Carmel

6.5% CAP - Great Investment of FOUR LEGAL 1 bedroom Apartments with 5 full possible apartments on a level private lot with ample parking up to 10 cars. This money maker has a solid tenant roll with many new improvements. Tenants pay all electric with electric heat on 5 separate meters. Landlord pays snow, landscape and hot water. NEW: front windows, complete bathrooms in all units, garage doors, well pump and entire well casing, water softener system, and water pressure storage tank. Roof is 9 years new. Separate room in rear of building ready for laundry room that has a separate dry well. Total Gross Rent = 68,700. Total Expenses = 30,900. NET INCOME = 37,800 at 580,000 is a 6.5% CAP

Essential Information

  • MLS® #4935976
  • Price$580,000
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths4
  • Square Footage3,540
  • Acres1.17
  • Year Built1960
  • TypeMulti-Family 2-4
  • Sub-TypeDuplex
  • StatusActive

Amenities

  • Parking Spaces10
  • ParkingDriveway

Exterior

  • ExteriorShingle
  • Lot DescriptionLevel
  • ConstructionFrame

Listing Details

  • Listing OfficeKeller Williams Realty Partner

Community Information

  • Address879 Farmers Mills Road
  • AreaKent
  • CityCarmel
  • CountyPutnam
  • StateNY
  • Zip Code10512

Interior

  • HeatingBase Board
  • CoolingWindow Units
  • BasementNone

School Information

  • DistrictCarmel
  • ElementaryKent Elementary
  • MiddleGeorge Fischer
  • HighCarmel
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The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Monroe Realty Center. Inc are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

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Listing information last updated on August 25th, 2019 at 3:13am EDT.