FOR SALE20.68 ACRES
22 Arrowhead Road
Narrowsburg, NY 12764
- 12 Beds
- 8 Baths
- 15,197 sqft (on 20.68 acres)
- 12 Beds
- 8 Baths
- 15,197 sqft (on 20.68 acres)
12 Beds
8 Baths
15,197 sqft
(on 20.68 acres)
Local Information
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Description
GOLDEN opportunity!! Very lucrative rental property in the Western Sullivan County Catskills on over 20 acres with room to expand is what savvy investors have been waiting for. This very attractive offering consists of three buildings on two parcels with an additional four vacant parcels for development. Main attraction is a fully occupied 16-unit apartment building (with ability to add more), the second building is a two-family house in need of rehab and third is a cottage-style stand-alone which can be another rental unit or laundry facility for the tenants. The 16 units are always occupied and continuously up to date on rent with a waiting list and scheduled annual increases. There are eight 1-BR apartments, seven 2-BR apartments, and a 3-BR. The grounds are meticulously maintained with shared garden for the tenants and an enormous amount of parking. Extensive frontage on two roads, ability to add commercial and a multitude more residential units, along with a steady stream of income makes this a cash cow! Landlord pays the usual expenses: taxes, insurance, common electric, plowing, mowing, trash, repairs, and maintenance. Tenants pay all electric and propane for heat, cooking, and hot water. Narrowsburg is a lovely, quaint, and bustling river town in a very desirable area. Financial analysis report is available upon request.
Home Highlights
Parking
Parking Lot
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$161
Listed
172 days ago
Last check for updates: about 14 hours ago
Listing by: Malek Properties, (845) 583-6333
Carol Malek, (845) 583-6333
Source: OneKey® MLS, MLS#H6276898
Home Details for 22 Arrowhead Road
Interior Features |
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Interior Details Basement: None |
Beds & Baths Number of Bedrooms: 12Number of Bathrooms: 8Number of Bathrooms (full): 8 |
Dimensions and Layout Living Area: 15197 Square Feet |
Appliances & Utilities Appliances: Hot Water: Electric Stand Alone |
Heating & Cooling Heating: Propane,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Propane |
Gas & Electric Gas: Separate Gas Meters: 16 |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Exterior Features |
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Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 35Parking: Parking Lot |
Frontage Responsible for Road Maintenance: Public Maintained Road |
Water & Sewer Sewer: Septic Tank |
Days on Market |
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Days on Market: 172 |
Property Information |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Block, FrameNot Attached Property |
Property Information Parcel Number: 480000500001009029 |
Price & Status |
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Price List Price: $2,449,000Price Per Sqft: $161 |
Active Status |
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MLS Status: A |
Location |
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Direction & Address City: Narrowsburg |
School Information Elementary School: Sullivan West Elementary SchoolElementary School District: Sullivan WestJr High / Middle School: Sullivan West High SchoolJr High / Middle School District: Sullivan WestHigh School: Sullivan West High SchoolHigh School District: Sullivan West |
Agent Information |
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Listing Agent Listing ID: H6276898 |
Building |
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Building Area Building Area: 15197 Square Feet |
Community |
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Not Senior Community |
Lot Information |
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Lot Area: 20.68 Acres |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: All Utilities |
Miscellaneous |
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Mls Number: H6276898Attribution Contact: (845) 583-6333 |
Additional Information |
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Mlg Can ViewMlg Can Use: IDX |
Price History for 22 Arrowhead Road
Date | Price | Event | Source |
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11/07/2023 | $2,449,000 | Listed For Sale | OneKey® MLS #H6276898 |
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Comparable Sales for 22 Arrowhead Road
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
1.99 | Multi-Family Home | $379,900 | 01/19/24 | 6 | 4 | 864 | |
4.84 | Multi-Family Home | $379,900 | 01/19/24 | 6 | 4 | 3,244 | |
5.16 | Multi-Family Home | $99,000 | 06/28/23 | 7 | 2 | 2,424 | |
6.10 | Multi-Family Home | $170,000 | 11/28/23 | 4 | 3 | 2,005 |
What Locals Say about Narrowsburg
- Eileen J.
- 12y ago
"best place i've ever lived. great sense of community and caring. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Carol Malek, Malek Properties
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2024 OneKey® MLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
22 Arrowhead Road, Narrowsburg, NY 12764 is a 12 bedroom, 8 bathroom, 15,197 sqft multi-family built in 1970. This property is currently available for sale and was listed by OneKey® MLS on Nov 8, 2023. The MLS # for this home is MLS# H6276898.