Description

INVESTORS! 4 cottage style units perfectly located in desirable Masten lake community. No deeded lake rights, but a beautiful lake neighborhood for walking and picturesque area. Only 2 mins to the highway and conveniently located just outside of the quaint village of Wurtsboro and not far from Rock Hill there are plenty of shops, services, restaurants, and more! Two current tenants are month to month, one apartment is empty and final unit lease expires in August. Current rents are below market with room to increase for great cap rate. Interior wood accents walls and flooring, updated kitchens and a fourth unit unfinished awaiting your design. With final upgrades and market rents this will be a GREAT income producing property. With modest increases and minimal upgrades this can perform to a 10 cap or more for years to come - rentals are needed! An affordable investment property with a lot of potential with low taxes! Being sold in AS IS condition! Easy access to 17, convenient for renters and commuting. a few exits from Resorts World Casino and Kartrite waterpark, only 90 miles from NYC. For more details and to contact: https://realtyww.info/homes_wurtsboro-c440768/for-sale_i41538928