Calling all investors, opportunity knocks! Fully leased, 4 residential and one commercial mixed use property now available. Sitting on an acre of land, the property consists of two buildings with 2 separate well and septic systems. New water filtration systems and well pumps have been updated in 2023. The residential building, built in 2008, consists of 3 one bed, 1.5 bath apartments and a spacious studio apartment. The one bedroom apartments provide 2 levels of living space with ample storage and walk in closets in bedrooms, all units have their own washer/dryer. The commercial building was renovated in 2023 and new roof was installed this year. Office space provides kitchenette, bathroom and separate office as well as open concept space. Generating an amazing income with plenty of room to grow, this turn key property awaits your vision.
2665 Route 55, Poughquag, (Beekman), NY, 12570
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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