101 Randall St - Apartments FOR SALE


Florida, NY 10921
$495,000 USD
201-522-1912
101 Randall St, Florida, NY for Sale
$495,000 USD
Apartments - FOR SALE
1/24
null | 8.58% Cap Rate

101 Randall St
Florida, NY 10921


HIGHLIGHTS

  • 4 Unit Multi Family Investment Property
  • Large one-bedroom apartments. Great rental history
  • Separate electric meters, nat'l gas, municipal water
  • Good rental history, recent renovations
  • Opportunity to raise rents and lower expenses
  • Plenty of parking, large yard, convenient location.

OVERVIEW

Multi-unit Investment property in the Village of Florida – Town of Warwick, Town of Goshen border. Four Large - 1-bedroom apartments. Full basement, large parking lot and property. A lot of recent upgrades. One apartment just renovated w/ new floors, ceilings, kitchen, all new windows. Two apartments are in very good shape and one that needs a little TLC. Full basement, natural gas, baseboard heat, separate electric meters. There is a lot of upside potential in the rents and plenty of opportunities to reduce the expenses. Property is stabilized with the renovated apartment coming on the market for lease very shortly.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

4

PRICE/UNIT

$123,750

CAP RATE

8.58%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

101 Randall St Florida, NY a/k/a Rt 94

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

R-1

APN/PARCEL ID

335401-103-000-0001-006.000-0000,335401-103-000-0001-007.200-0000

ASK ABOUT THIS PROPERTY

Charles EmanuelRand CommercialMore Info
201-522-1912

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Charles EmanuelRand CommercialMore Info
201-522-1912

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