Money maker investment property! "Shady Lawn Acres" consists of 5 buildings on 3.8 acres, all creating income. 6 residential rentals, 7 garages/shop rentals, and a large barn used for seasonal boat/car storage. "The Main House" contains a 1 bedroom, a 2 bedroom, a 3 bedroom and a garage. "The Ranch House" is a three bedroom rental plus 3 garages. "1 & 3 Shady Lawn" consists of 2 one bedroom apartments and 2 garages. Plus a large "Shop". All separate gas and electric utilities including landlord meters. Natural gas heat with new boilers and water heaters for all units. The property is serviced with two onsite wells and two onsite septic systems. Most roofs are recently replaced. Boat and Car storage rental has upside potential as it's not currently promoted.
Features of 914 State Route 17k
| MLS# | H6099169 |
|---|---|
| Price | $985,000 |
| Sold Price | $915,000 |
| Total Taxes | $21,248 |
| Bathrooms | |
| Acres | 3.90 |
| Year Built | 1860 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Closed |
Community Information
| Address | 914 State Route 17k |
|---|---|
| City | Montgomery |
| County | Orange County |
| State | NY |
| Zip Code | 12549 |
Amenities
| Parking | Driveway, Garage, Other, Parking Lot, Storage, Underground |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater |
|---|---|
| Heating | Baseboard, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Construction | Frame |
|---|
School Information
| District | Valley Central (Montgomery) |
|---|
Additional Information
| Date Listed | March 2nd, 2021 |
|---|---|
| Date Sold | July 9th, 2021 |
| Days on Market | 42 |
| Short Sale | No |
| RE / Bank Owned | No |
Offer is made only to participants of the MLS where the listing is filed.