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2 Hope Street, Hurleyville, NY, 12747 | $360,000
Prime mixed-use investment property in the heart of Hurleyville. This fully occupied building features a street-level commercial space and two residential units—a 3BR/1BA apartment and a 1BR/1BA apartment. An on-site coin-operated laundry provides additional income. This property may be purchased as part of a three-parcel, fully occupied investment portfolio offered strictly as-is/where-is, with inspections permitted for informational purposes only. The contiguous parcels include mixed-use, short-term rentals, long-term rentals, and commercial space, providing diversified income and strong cash flow. The sale includes the building and all on-site contents for a combined purchase price of $360, 000. Allocation of purchase price between real property and contents/FF&E will be determined during contract negotiations. See MLS #978829 and #983187 for the additional parcels. Seller is open to offering improved terms if the parcels are purchased as a package. Located steps from Main Street amenities, dining, the Rail Trail, houses of worship, and Hurleyville’s growing arts and cultural district. Agent discloses interest in this property. Seller intends to prioritize offers that include all three parcels. Individual parcel offers remain eligible for consideration but may be secondary to full-portfolio proposals.
Features
- Style: Triplex
- Year Built: 1902
- Heating: Propane, Other
- Cooling: Wall/Window Unit(s)
- Basement: Storage Space, Unfinished, Walk-Out Access
- Acreage: 0.21
- Est. Taxes: $4,472
- Elem. School: Benjamin Cosor Elementary School
- Middle School: Fallsburg Junior-Senior High School
- High School: Fallsburg Junior-Senior High School
- School District: Fallsburg
- MLS#: 978813
- Days on Market: 38 days
- Website: https://www.raveis.com
/prop/978813/2hopestreet_hurleyville_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
2 Hope Street, Hurleyville, NY, 12747
$360,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $288,000 | $288,000 | $288,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $373 | $373 | $373 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,725 | $1,797 | $2,372 |
| Total Monthly Payment | $2,173 | $2,245 | $2,820 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535