Business is Business

Sullivan County NY Catskills Real Estate property listing
Terrace Ave Exterior Front - Note the decorative stone, stucco, and portico features. Nothing else like it in Jeffersonville.

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Jeffersonville, NY 12748

Price: $198,000
Bedrooms: 4
Bathrooms: 2
Square feet: 4,400
Year built: 1890
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Business is business.  Corner home with two (one bedroom) apartments.  Home is a large 4 bedroom with traditional warm woodwork, large practical living spaces, and office space if required.  Spacious attic for storage with detached 2-3 car garage.

Gross Income if the home + 2 apartments are rented is $36,000/year.  The expenses are appromately $24,000 which includes all taxes, sewer/water, maintenance, insurance.  The tenants pay all utilities.  Cap rate is 6 percent on your investment of $198,000 Cash.

The cap rate improves based on the final negotiated agreed upon price.  Owners are open to all offers.

 

 


Contact: John Kavaller

Sullivan County NY Catskills Real Estate property listing
Wood Stove - Comfy and radiating pleasure and savings in winter. Imagine the winter holidays cuddled around the the glowing embers.

Sullivan County NY Catskills Real Estate property listing
Center Street side exterior side view - Large pines and attractive landscape set off the main house.

Sullivan County NY Catskills Real Estate property listing
Back Yard Space - Plenty of room for the garden, children, or grandchildren--maybe a family reunion too.

Sullivan County NY Catskills Real Estate property listing
Multi-Use Room - Office? Play Room? Exercise Room-- One of two multi-use areas.

Sullivan County NY Catskills Real Estate property listing
Upper Hall View - This house goes on forever and ever--Really interesting hiding spots, shapes, and spaces to work with here.

Sullivan County NY Catskills Real Estate property listing
Full Attic - Imagine the possibilities-- Music Room, entertainment center, meeting space. Take full advantage of this area.

Sullivan County NY Catskills Real Estate property listing
Large Pines Surround the Property - Landscaped attactively.

Sullivan County NY Catskills Real Estate property listing
Secret Path to Jefffersonville Grade School - Your children can walk right up the path to school or follow the nature trail. A new, state of the art running track, on school grounds with public access encourage lies up the trail entrance is directly across the road.

Sullivan County NY Catskills Real Estate property listing
Side Entrance - Besides fast home access-the Bilco Basement Door provides fast and efficient entrance to mechanicals and storage.

Sullivan County NY Catskills Real Estate property listing
Retro Kitchen - Retro is cool--if it's not your cup of tea, there's a ton of ideas waiting here.

Sullivan County NY Catskills Real Estate property listing
Kitchen Eat In Area - How do you take your coffee in the a.m.? Have an intimate morning brunch--just the two of you.

Sullivan County NY Catskills Real Estate property listing
Parking Galore - Parking, parking, and more parking. Off the street, safe and private as can be.

Sullivan County NY Catskills Real Estate property listing
Stairwell down - Another example of woodwork, flooring, and old world pride in detail.

Sullivan County NY Catskills Real Estate property listing
Enter into the Outbuilding - Use for vehicles, storage, what have you. You decide.

Sullivan County NY Catskills Real Estate property listing
Living Room Area - What is there to say? This exemplifies the flavor and feel or the entire home.

Sullivan County NY Catskills Real Estate property listing
Sturdy - This sturdy 2 story, turn of the century has two (1) bedroom apartments producing $18,000 in gross income when fully occupied. Think that might help you cut costs?

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