NOT LISTED FOR SALE

12 Main St Pine Bush, NY 12566

-- Bed
-- Bath
3,920 Sq Ft
5,001 Sq Ft Lot

Last Sold November 04, 2022

Last sale price $500,000 $128 Per Sq Ft

66 Days on Market

About This Home

As of November 2022

Well maintained 5 unit investment property for sale in the highly desirable Hamlet of Wallkill. Owner retiring after owning this property for 19years. This is a turn key property with recent updates including new exterior vinyl siding installed on the entire building just last fall. Municipal water and sewer and natural gas. All units are rented with zero vacancies over many years. Tenants pay for heat, hot water, and electric. Coin operated washer and dryer. Off street parking for 10 cars at rear of building. Current gross income is $57,900 due to some long term tenants. Potential gross annual rents in the $70,000 to $75,000 range. Great location with huge rental demand and rising rents in the Hamlet of Wallkill just north of Newburgh and Middletown and south of New Paltz. Property Management is available which would allow the property to basically run itself.

Last Agent to Sell the Property

John Quinn

License #10311203141 Listed on: 05/13/2022

Last Buyer's Agent

Renee DeGroat

Rand Commercial License #30DE0890045

Rand Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,203

Year Built

  • Built in 1800

Lot Details

  • 5,001 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,920 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Plattekill Elementary School
  • Wallkill Senior High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 5200-106.049-0004-013.000-0000

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,203

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Hamlet: Wallkill Hamlet
  • Year Built: 1800
  • Attribution Contact: 845-883-7700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Full
  • Living Area: 3920.00
  • Square Footage: 3920.00

Exterior Features

  • Construction Materials: Frame, Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Private
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 714.00
  • Trash Expense: 732.00

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 5001.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 5200-106.049-0004-013.000-0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-11-04
  • Tax Annual Amount: 9203.00
  • Tax Map Number: 5200-106.049-0004-013.000-0000

Multi Family

  • Units Total: 5
  • 1 Bedrooms: 4
  • Two Bedrooms: 1
  • Separate Electric Meters: 5
  • Separate Gas Meters: 5

MLS Schools

  • Elementary School: Plattekill Elementary School
  • High School: Wallkill Senior High School
  • Middle School District: Wallkill

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $500,000 -16.5% $128 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $599,000 -- $153 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Quinn

    Section Image
  • Renee DeGroat

    Buyer's Agent in 2022

    Renee DeGroat

    Rand Commercial

    (845) 744-2095

    1 in this area

    11 Total Sales

    Renee DeGroat
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6184985

OneKey® MLS
New York Orange County Pine Bush 12566

12 Main St, Pine Bush, NY

Not Listed for Sale

MultiFamily

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