127 Pine Street

Wurtsboro, NY12790

Investors! Brand New Luxury 4-Unit Apartment Building. Each spacious 2 Bed, 1.5 Bath 2-story apt offers a stunning kitchen w/ upgraded cabinets, stainless appliances, DW and stone counters. 10' ceilings and open plan seamlessly connects living & dining areas. High-end bathrooms feature premium, fixtures, tiled tub, & 8' glass doors. Large windows and closets abound. Separate high-efficiency 2-zone central heating & cooling and HW, and all utilities are separately metered and paid by the tenants. Each unit features a grand oak staircase, WD closet, 2 off-street parking spots, private entry & deck, and double sound barrier walls. All units rented quickly at over $10k/mo total, yielding income of $115k/yr w/ a 5% vacancy factor, and an 8%+ cap rate after expenses. Located in the charming and vibrant Village of Wurtsboro, the town in the Catskills closest to NYC, hiking and biking trails run thru town, many mountains are close by, and the many shops and eateries are within a few blocks.

Listing courtesy of Corcoran Country Living 8455944285


Based on information submitted to the MLS GRID as of 2024-09-20 10:40 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.