This multifamily property presents a great value-add opportunity for investors or owner-occupants looking to renovate and build equity. The property features a two-bedroom, one-bath apartment on the second floor with a private entrance, and a four-bedroom, one-bath apartment spanning the first and second floors with its own entrance.
Each unit offers a functional layout, with large decks providing ample outdoor living space and a partially fenced-in yard adding to the property’s potential. The home does require repairs and updates, making it an ideal project for buyers seeking to customize, renovate, and maximize rental income.
A solid opportunity for those ready to put in work and unlock the full potential of this multifamily property.
Type:
Single-family residential
Cooling:
Wall/Window Unit(s)
Basement:
Partial, Unfinished, Walk-Out Access
Utilities
Electricity Connected, Water Connected
Middle School:
John G Borden Middle School
High School:
Wallkill Senior High School
School District:
Wallkill
1232 Albany Post Road, Gardiner, NY, 12525
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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