108 Vineyard Avenue, Ulster, NY, 12528
$798,000
activeLot Size
15,682 sqft
Year Built
1890
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Rare 6-Unit Income Property – 10% Cap in Highland, NY ( HOLD.. you don't need a commercial mortgage; you can do a simple multi-family mortgage. Call me will explain how) Looking for stability and high yield? This property offers a perfect blend of high returns and low management stress. This 6-unit building operates at a 10% cap rate with a proven history of zero vacancy. Enjoy the benefits of a "hands-off" utility structure where tenants cover their own costs, significantly reducing owner expenses. The property offers excellent parking for residents and is home to high-quality tenants who take pride in their community. Whether you are looking to 1031 exchange or start a high-yield portfolio, this turnkey asset is ready to perform from day 1
Listed by Moses Zwiebel, MS Realty Group USA, Inc
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