808-812-818-820 State Route 17 B | Image 1

Sold

808-812-818-820 State Route 17 B | Image 2
808-812-818-820 State Route 17 B | Image 3
808-812-818-820 State Route 17 B | Image 4
808-812-818-820 State Route 17 B | Image 5
808-812-818-820 State Route 17 B | Image 6
808-812-818-820 State Route 17 B | Image 7

$1,700,000

A year ago

0 Bed

0 Bath

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MLS® H6334685

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees $8,172
Taxes $10,000
Approx. Age 1951
MLS® Number H6334685

Property Address: 808-812-818-820 State Route 17b, Thompson, NY, 12701

Average square foot calculated using Size range provided by listing agent.

Description

EXCELLENT INCOME-PRODUCING PROPERTY! - 4 BUILDINGS - 13 UNITS - 100% OCCUPIED! It's situated on a spacious 3.46-acre lot in the prime Monticello area. The addresses are #808, #812, #818, and #820 State Route 17B with an SBL of 17-1-2. Building #808 has 5 units with 4 two-bedroom units and one studio unit. Building #812 has 6 units with four two-bedroom units and two one-bedroom units. Building #818 is a three-bedroom, ranch-style home, while Building #820 is a one-bedroom, one-loft bedroom cottage. Most apartments are currently occupied and generate additional income from a public laundry room. Many units have been recently renovated, ensuring excellent condition. The property offers significant potential for additional income, including options to separate utilities and add more units. Recent appraisal valued at $1.8 million! With a pro forma cap rate of nearly 9%, this is a fantastic investment opportunity!
MLS® NumberH6334685
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1951
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Feb 4, 2025End Date
$1,700,000Sold Price

Sold

Oct 30, 2024List Date
$1,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
808-812-818-820 State Route 17 B, Thompson, NY

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