This property is no longer available to rent or buy. This description is from December 03, 2016
Great opportunity to own a legal 4 unit multi family property at an in-town location. Tenants can walk to everything, shopping, banks, restaurants, galleries, playhouse, NYC bus. This could be a profitable Air BnB or long term rental property or combination of both. Many possible options. Property being sold "AS IS" Needs repairs, renovations and updating to make it work for it's best use. Can be a legal 5 unit with 4th studio renovated, Currently there are 4 studio apartments downstairs and 1 large 2 plus bedroom apt. upstairs. Two studios pay $625 per month with no leases. The third studio pays $625 with a 1 year lease. The 4th studio needs updating before renting. The upstairs 2 plus b/r apt. rents for$1,495 per month. It is now vacant. All rental amounts include utilities. Roof is 7 years old, furnace has new heat exchanger. Property has municipal water and sewer. Water and sewer costs approx. $1,318 per year. Total sq. footage is 2,992 as per town records.