123 Widmer Rd

    Wappinger, NY 12590
    • $650,000
    • STATUS: Active Under Contract
    • MLS #: 375995
    Under Contract
    UPDATED: 58 min ago
    $650,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $186
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Information

    Elementary School:
    School District:

    Description

    You'd be hard-pressed to find another 8 unit multi family building that is as meticulously maintained as this one. This money maker is located in southern Dutchess County on a 1 acre park like parcel in the Town Of Wappinger. Featuring 3 one bedroom units and 5 studios. Potential gross income of $76K. The building has 10 ductless heat pumps/ac units that were installed in 2010 so there is no heating cost for the landlord. Septic and well (new well pump and tank installed in 2014) provide for no municipal water or sewer bill. All units have kitchens and baths updated in 2010. Also in 2010: 9 new electric meters, water heaters, driveway, roof, exterior update, and more. Large off street parking area. Outstanding 8% cap rate. This would be a great property to add to your portfolio.

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    © 2018 Mid-Hudson Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Stevens Realty Group are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Information deemed reliable but not guaranteed. Data last updated 2018-12-15T10:33:13.38.
    www.stevensrealtygrp.com/homes/88508138

    123 Widmer Rd Wappinger, NY 12590

    • Price: $650,000
    • Status: Active Under Contract
    • Updated: 58 min ago
    • MLS #: 375995
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    3,500
    SQFT
    $186
    $/SQFT
    1900
    Built
    Neighborhood:
    None
    County:
    Dutchess
    Area:
    Dutchess County
    Elementary School:
    Myers Corners School
    Middle School:
    Wappingers Jr. High School
    High School:
    Roy C. Ketcham Senior High School
    School District:
    WAPPINGERS CENTRAL
    Property Description
    You'd be hard-pressed to find another 8 unit multi family building that is as meticulously maintained as this one. This money maker is located in southern Dutchess County on a 1 acre park like parcel in the Town Of Wappinger. Featuring 3 one bedroom units and 5 studios. Potential gross income of $76K. The building has 10 ductless heat pumps/ac units that were installed in 2010 so there is no heating cost for the landlord. Septic and well (new well pump and tank installed in 2014) provide for no municipal water or sewer bill. All units have kitchens and baths updated in 2010. Also in 2010: 9 new electric meters, water heaters, driveway, roof, exterior update, and more. Large off street parking area. Outstanding 8% cap rate. This would be a great property to add to your portfolio.
    Exterior Features

    Construction Frame Exterior BrickWood Exterior Features LandscapedOutside LightingPorch Lot Description Level Parking Off Street Roof Asphalt Shingles

    Interior Features

    Appliances Unit A RangeRefrigerator Appliances Unit B RangeRefrigerator Appliances Unit C RangeRefrigerator Basement UnfinishedWalk-Out Beds Unit A 1 Beds Unit B 1 Beds Unit C 1 Beds Unit D 1 Cooling Heat PumpOther Flooring Ceramic TileWall To Wall Carpet Full Baths Unit A 1 Full Baths Unit B 1 Full Baths Unit C 1 Full Baths Unit D 1 Heating ElectricOther Interior Features Electric Stove Connection Rooms Unit A 2 Rooms Unit B 2 Rooms Unit C 2 Rooms Unit D 1 Sq Ft Above Grade 3500 Sq Ft Below Grade 1408 Sq Ft Unfinished 1408

    Property Features

    Additional Units Beyond4 Yes Assessed Value 416000 Electric Expense 1200 Electricity Circuit Breakers Equipment Cable AvailableCable ReadySmoke DetectorsCarbon Monoxide Detector Exemption None Financing CashConventional Foreclosure No Fuel Expense 900 Gross Income 76200 Insurance Expense 3000 Land Tax 3470 Maintenance Expense 1000 Miscellaneous Dumpster Multifamily Type 5+ Family Net Income 52683 Occupant Tenant Occupied Unit A Tenant Occupied Unit B Tenant Occupied Unit C Tenant Occupied Unit D Tenant Operating Expense 23517 Other Expense Lawn/Grbg Other Expense1 4500 Other Information Fee SimpleListed in Another Mls Owner Pays Fire InsuranceGarbage/TrashMaintenanceTaxes School Tax 9446 Short Sale No Sq Ft Source Public Records Sub Type 5+ Family Tax Amount 12916 Tax Year 2017 Township Wappinger Vacancy Factor 0 Village Tax 0 Water Sewer SepticWell Zoning R20

    Listing courtesy of Realty Executives Williams-Sykes Re: 845-485-9960. © 2018 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.Information Believed Accurate But Not Warranted.


    © 2018 Mid-Hudson Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Stevens Realty Group are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Information deemed reliable but not guaranteed. Data last updated 2018-12-15T10:33:13.38.
     
    Stevens Realty Group
    171 Main Street
    New Paltz NY, 12561