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$365,000
72 Days Online

70 Champlin Avenue
Liberty, NY 12754

For Sale|Multi-Family|Active
County:
Sullivan

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70 Champlin Avenue70 Champlin Avenue70 Champlin Avenue70 Champlin Avenue
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AMAZING MONEY MAKER-DELIVERED VACANT AND FULLY RENOVATED. Fully renovated-New Roof, Upgraded/Updated Electric, New Electric Heat, New plumbing, new Windows, New Flooring, New Kitchen Cabinets, etc.All tenants pay their own electric charges-Heat, hot water and cooking are all electric paid for by the tenant Landlord pays for electric in common areas and the water but the water line going to each apartment is separate and has a meter so landlord can see the usage of each apartment or may charge tenant for water. Apt 1A: Studio: 750 Apt 1B: 2-3 bedroom/1 bath: 1, 400 Apt 2: 2-3 bedroom/1 bath: 1, 300 Apt 3: 2 bedroom/1 bath: 1, 300 Total rent: 4, 750 (These rents can easily be higher as there are very few apartments for rent in this area and more people are moving to this area) Annual Revenue: 57, 000 Expenses: 17, 850-Taxes: 9, 600 (County 2, 116, School 3, 446, Village 4, 038), Insurance 2, 000, Water/Sewer 2, 500, Repairs/Maintenance: 3, 000, Electric 750 NOI: 39, 150 Cap Rate: 39, 150/390, 000= 10%

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Listing Snapshot
Price 
$365,000
Days Online 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,662 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.57 Acres
Year Built 
1920
MLS Number 
H6188275
Status 
Active
Property Tax 
$9,600
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoPrice changed to $365,000
2 months agoListing first seen online
General Features
Construction 
Frame
Parking 
Off Street
Sewer 
Public Sewer
Acreage 
0.57
Water 
Public
Property Sub Type 
Multi Family
Attached Garage 
No
Interior Features
Cooling 
None
Heating 
ElectricBaseboard
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Community Features
Senior Community 
No
Schools
School District
Liberty
Elementary School
Liberty Elementary School
Middle School
Liberty Avenue Middle School
High School
Liberty High Sch Acad-Newcomers
Listing courtesy of Owner Entry.com

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data provided is deemed reliable but is not guaranteed accurate by the MLS. Source: OneKey MLS
Last Updated: 2022-08-07 11:55 AM EDT

Neighborhood & Commute
Source: Walkscore
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