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Rear Chapel Street
Ellenville, New York
$310,000 Price
4 Bedrooms  
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Photo 1 of Rear Chapel Street, Ellenville, New York, $310,000, Web #: 864836Previous PhotoNext Photo1 of 24

Turnkey investment, Great Income-producing property with low taxes, and separate utilities. With potential for an 11 per. cap rate, you cant go wrong! This 2-family house has just been nicely updated and renovated. The first-floor unit has two bedrooms and one bath, and the market rent is in the...

Turnkey investment, Great Income-producing property with low taxes, and separate utilities. With potential for an 11 per. cap rate, you cant go wrong! This 2-family house has just been nicely updated and renovated. The first-floor unit has two bedrooms and one bath, and the market rent is in the 1,700 a month range. The second-floor apartment is two bedrooms and 1 bath, with 2 extra finished rooms (3rd floor) that can be used for office, gym, play area, family room, library, etc. The market rent is in the 2,000 range. Tenants pay for all utilities, heat for the first-floor units is electric, and heat for the 2nd floor unit is forced hot air oil. The landlord pays insurance, water, sewer, snow, lawn, and taxes. The home is set far back on the lot with a large front yard. Close to the village of Ellenville, Route 209, and Route 52. Short distance to the Shawangunk Mountains Scenic View, shops, restaurants, and amenities. Buy now and watch your investment grow; this area is one of the fastest-growing areas of Ulster County.

Listing courtesy of Berardi Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Ellenville, New York
Type: House
Price: $310,000
Re Tax: $5,390
Date Listed: 5/20/2025
Web ID: 864836

Info & Amenities

Type: Single Family
Size: 0.17 acres
Rooms: 12.0
Bedrooms: 4
Bathrooms: 2.0
Built: 1957

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