5848 S Elm Avenue
Millerton, New York
$349,000 Price
5 Bedrooms  

4 family unique-not many in area. Income flow justifies any improvements needed over time.All units now occupied with new bath added to lower floor apt. Tenants pay and take care of snow removal. Room for off street parking for one car per unitOwner pays hot water (approx $800 per...

4 family unique-not many in area. Income flow justifies any improvements needed over time.All units now occupied with new bath added to lower floor apt. Tenants pay and take care of snow removal. Room for off street parking for one car per unitOwner pays hot water (approx $800 per year ) garbage removal, insurance- general maintUnits needs some improvements but has functioned as a rental unit for 26 plus years5 elect meters tenants pay electric and heatClose to village stores and rail trailRentals as follows- first floor shared apt brings in a total of $1800 mo with two one br areas- two full baths kitchen with second shared unit using hot plate area for cooking in front of first floor-/div>Second floor- one studio apt with lr br combo shower and hot plate kitchen area with small refrigerator at $500 per month In addition second floor unit has 1 br apt with full bath and kitchen at $1,000 per monthThird floor 1 br with lr area as well as full bath Eik kitchen area at $1000 per monthOwner pays approx $1800 year for insuranceSeptic has recently been cleaned out- there are three 1200 gallon cess pool areas with small drain field-;Taxes. Are just over $6500 per year including second included parcel ( main house on one tax bill and adjoining tax parcel on another included in sale)Owner pays garbage removal approx $900 year, owner cuts grass in season- tenants pay for snow removal Note: tenants are untidy!

Listing courtesy of Steed Real Estate

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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

Millerton, New York
Type:
Price: $349,000
Last Updated: 4/12/2025
Web ID: 156324

Info & Amenities

Size: 0.23 acres
Bedrooms: 5
Bathrooms: 4.7
Built: 1910