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2 North Main Street, Monroe, NY 10950

$475,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 2 days ago
2 North Main Street, Monroe, NY 10950 View this property at 2 North Main Street, Monroe, NY 10950
2 North Main Street Monroe NY 10950

Property Description

Great investment opportunity with long term tenants, new roof and boiler, 6 residential units and 2 store fronts. Rents are very low due to landlord not wanting to raise rents. Located close to shopping and bus. Expenses are Insurance $5620, garbage $2688 can be reduced with smaller dumpster, Heat was $6688 this was based on the old boiler, Electric for common area $1950 can be reduced with energy efficient bulbs, water $999, sewer $3400 Plowing $500 Tenants are on month to month agreements and some have been there for 20+ years. Owner is absentee landlord so expenses can easily be reduced and rents raised.

Full Property Details for 2 North Main Street

  • Price: $475,000
  • Taxes: $17,082 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 4650539
  • Updated: 12/1/2016
  • Added: 2 day(s) ago

Property History

  • 2 North Main Street, Monroe, NY
  • Listed at $475,000 on 12/1/16

Interior

  • Interior Features: Cable, Existing Screens, Existing Storms, Fire Escape

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Shared Amenities: Deck, Eat in Kitchen, Near Public Transportation, Porch, Walk Out Basement, Wall To Wall Carpet

Parking

  • Total Spaces: 15
  • Parking: Common, Lot Parking

Location

  • County: Orange County
  • Subdivision: Harriman
  • Driving Directions: 17 m to Church to N Main nest to Angelo"s resturant

School Information

  • School District: Monroe-Woodbury
  • Elementary School: North Main Street
  • Middle School: M.W.M.S
  • High School: M.W.H.S

Heating & Cooling

  • Cooling Type: Window Air Conditioning
  • Heating Type: Radiator, Steam
  • Heating Fuel: Natural Gas

Utilities

  • Gas: Yes
  • Sewer: Municipal
  • Water: Municipal
  • Trash: Private
  • # Gas Meters: 1
  • # Electric Meters: 8

Structural Information

  • Construction: Frame
  • Exterior Const.: Aluminum
  • Basement Desc.: Full
  • Square Feet: 10,824
  • Sq. Ft. Source: Municipality
  • Year Built: 1900

Unit Information

  • Units in Building: 8

Lot Features

  • Lot Size (Acres): 0.2057
  • Lot Description: Level

Financial Considerations

  • Assessment Amount: $76,000
  • Tax Amount: $17,082
  • Tax Year: 2016

Disclosures and Reports

  • APN: 334003.104.000-0001-011.000/0000

Listed by Rand Commercial

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Estimate the Cost

2 North Main Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

2 North Main Street, Monroe, NY 10950 (MLS# 4650539) is a Multi-Family property with 8 units containing 8 bedrooms, 6 full bathrooms and 2 partial bathrooms. 2 North Main Street is currently listed for $475,000 and was received on December 01, 2016. Want to learn more about 2 North Main Street? Do you have questions about finding other Multi-Family real estate for sale in Monroe? You can browse all Monroe real estate or contact a Coldwell Banker agent to request more information.

Listed by Rand Commercial