Excellent Investment Opportunity in Monticello, NY!

Fully rented triplex offering an attractive 8.05% cap rate and immediate rental income! This income-producing property features three units, including two 2-bedroom apartments and one studio apartment. One of the 2-bedroom units has been completely updated, featuring a brand-new kitchen with new appliances, a new bathroom, new vinyl flooring, and fresh paint throughout. The furnace and hot water heater are both less than three years old, providing added value and peace of mind. Each tenant has parking, and heat is included in the rent. With all three units currently occupied, investors can benefit from an established income stream from day one. Conveniently located near shopping, dining, entertainment, and major roadways. With low carrying costs, recent improvements, and strong income potential, this triplex presents an excellent opportunity to expand your real estate investment portfolio in Sullivan County!
Tax Map #: 107.-1-21