37199 State Hwy 23, Roxbury, NY 12474

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$499,000
Active for Sale
 
Listing ID 11403956
Property Type Multi-Unit (5+)
County Delaware
Township Roxbury
School ROXBURY CENTRAL SCHOOL DISTRICT
Total Tax $9,326
Tax ID 124800-091.002-0003-018.000
FEMA Flood Map fema.gov/portal
Year Built 1960
   
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5 Unit, Waterfront, Main Street Income Producer

Opportunity knocks! Completely and tastefully renovated income producing property. Hardie siding, stone, and timber accents adorn the exterior. Over half an acre of property with frontage on two State Highways with access from both. Parking for 15+ vehicles. The building consists of a residential section housing three second floor 2 bedroom apartments and a first floor 1 bedroom unit. Units have hardwood floors, new cabinetry, fixtures, appliances, energy star baseboard heat, and lighting. Common areas consist of custom wainscotting, new oak stairway, high end vinyl plank flooring, and new lighting. Ground level commercial space has been fully renovated and is finished with high end vinyl plank floors, a propane fireplace with floor to ceiling slate stone facade, tongue and groove pine ceiling in main area and faux copper ceilings in the office area. Kitchen and bath have tiled floors. Commercial space has new high efficiency propane furnace. Tenants in residential and commercial space.
Property Details
  • 4 Full Baths
  • 1 Half Bath
  • 6677 SF
  • 0.55 Acres
  • Built in 1960
  • Renovated 2022
  • 2 Stories
  • Available 1/07/2025
  • Full Basement
  • Lower Level: Unfinished
  • Renovation: Spray foam insulation, Hardie Siding, Timber accents, new flooring, kitchens, bathrooms, new lighting, decorative ceiling, tongue & groove pine accents, high efficiency propane furnace, electric upgrades, cabinets, countertops, appliances, wainscotting.
Unit Information
Unit #1 – OFFICE, Gross Area: 2500, Net Leasable Area: 2500, Rent Price: 1600, Half Baths: 1, Occupied
Unit #2 – RESIDENTIAL_INCOME, Gross Area: 800, Net Leasable Area: 800, Rent Price: 800, Bedrooms: 1, Full Baths: 1, Occupied
Unit #3 – RESIDENTIAL_INCOME, Gross Area: 900, Net Leasable Area: 900, Rent Price: 925, Bedrooms: 2, Full Baths: 1, Occupied
Unit #4 – RESIDENTIAL_INCOME, Gross Area: 1000, Net Leasable Area: 1000, Rent Price: 950, Bedrooms: 2, Full Baths: 1, Occupied
Unit #5 – RESIDENTIAL_INCOME, Gross Area: 1200, Net Leasable Area: 1200, Rent Price: 975, Bedrooms: 2, Full Baths: 1, Occupied
Interior Features
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Vinyl Plank Flooring
  • Baseboard
  • Forced Air
  • 5 Heat/AC Zones
  • Electric Fuel
  • Propane Fuel
Exterior Features
  • Frame Construction
  • Vinyl Siding
  • Hardi-Board Siding
  • Rubber Roof
  • Tar Roof
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
  • Street View
  • Water View
  • Stream View
  • Stream Waterfront
  • Creek Waterfront
Commercial Info
  • 20 Parking Spaces
  • 10% Cap. Rate
Income/Expenses
  • Gross Income $63,000
  • Net Income $48,000
  • Insurance Exp $2,244
  • Electric Exp $1,325
  • Paid by Landlord: Water, Insurance, Struct. Maint., Ground Maint.
Taxes and Fees
  • $4,712 School Tax
  • $4,614 County Tax
  • $9,326 Total Tax
  • Tax Year 2024
Listed By
WINDSTAR REALTY GROUP LLC
Office: 518-898-4660
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