Great Investment! Apartment Complex Fully Rented!

231 Reynolds Road, Fallsburg, NY

$1,495,000

15 Beds

27 Baths
17 full, 10 half

16231 SqFt

Great Investment! Brand New Construction! This fully rented apartment building offers 11 contemporary townhouse style units. Luxury living with hardwood floors, beautiful wood kitchen cabinets, granite counters, stainless steel appliances, tile bathrooms, recessed lighting, custom blinds. Each apartment has a washer and dryer, built-in microwave and a dishwasher. Large bedrooms, bonus rooms, and open concept kitchen and living areas and a shared terrace. Tenants pay all own utilities, electric heat with multiple zones and extremely efficient spray foam insulation. Convenient location to college, schools, shops, restaurants, casino, major attractions and many of the large local employers. This complax has been rebuilt from the ground up...no significant maintenance or renovations will be needed for a very long time.  All apartments are rented with continuous inquiries for availability. Rentals in Sullivan County are in demand! Ideal location, fully rented, a great investment! Perfect for 1031 exchange property.  Call Dali Levy for details 845-699-0111 or info@montemrealty.com

Property Details

Property Type MultiFamily
Mls # 4847667
LotSize 12.16 acres
Property Subtype Other
Year Built 1945
Cooling Systems wall unit(s) a/c
Exterior Types stone
Parking Types parking lot
Floor Coverings hardwood floors
School District Tri Valley

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