22 Arrowhead Road, Narrowsburg, NY 12764
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)

$2,449,000

Est. Mortgage $16,518/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

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

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

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

Days on Market: 172

Property Information

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

Price
List Price: $2,449,000Price Per Sqft: $161

Active Status

MLS Status: A

Location

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

Listing Agent
Listing ID: H6276898

Building

Building Area
Building Area: 15197 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 20.68 Acres

Compensation

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

Expense
Tenant Pays: All Utilities

Miscellaneous

Mls Number: H6276898Attribution Contact: (845) 583-6333

Additional Information

Mlg Can ViewMlg Can Use: IDX

Price History for 22 Arrowhead Road

DatePriceEventSource
11/07/2023$2,449,000Listed For SaleOneKey® MLS #H6276898

Similar Homes You May Like

New Listings near 22 Arrowhead Road

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.
    "best place i've ever lived. great sense of community and caring. "
    0
    Flag

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.
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.