2336 Route 145, Durham, NY 12423 (MLS# 139100)
$1,456,188
Durham, NY 12423
MLS# 139100
Status: Closed
17 beds | 9864 sqft
1 / 26
Property Description
A Newly Renovated 16 Unit Apartment Building in Durham! The total annual rent roll for the 16 apartments is $182,400. There can be an additional unit in Building #2 for a total of 17 units. Building #1 (on the right which had been renovated several years ago) has 8 apartments. There are 4 studio apartments rented at $850 each & there are 4 - 1 bedroom apartments rented at $950 each. The total annual rent roll is $86,400 for Building #1. Building #2 (on the left which is being renovated now) will have 8 - 1 bedroom apartments rented at $1,000 per month for a total annual rent roll of $96,000 for the 8 units. A 9th unit can be added in Building #2 in the basement: a 2 bedroom apartment. There is a new septic system that can be added onto for additional buildings/units. The utilities are separate with each tenant paying for their own utilities. There is a large open backyard with a stream - Cornwallville Creek or Thorp Creek - & ample parking around the buildings.
Details
Contract Information
Current Price: $1,456,188
Original List Price: 1600000
Sold Price: $1,456,188
Status: Closed
Listing Contract Date: 2021-09-01
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: Gaeta
Lease Considered YN: Yes
General Property Information
Number Of Units Total: 17
Bedrooms Total: 17
Living Area: 9864
Year Built: 1970
Lot Size Acres: 2.8
Flood Plain YN: Yes
Basement YN: Yes
Sign On Property YN: No
Disclaimer: Information not guaranteed.
List Price/SqFt: 162.21
Sold Price/SqFt: 147.63
Remarks and Miscellaneous
CGR Public Historical Remarks: Existing Lease Type: Net, Three Quarter Bathrooms: 0, Quarter Bathrooms: 0, Value Range Price: 0.00, # of Furnaces: 0, Ag District: No, Color: Red Brick, FIPS Code: 39, Garage/Parking: Parking areas, Green Features: No, Lease Type: Net, Most Precise Vcty: Main St/Rt 145, Durham, Pond/Stream: Stream, Special Conditions: None/Unknown, Utilities Included: See Rental Units Chart, Year Built Exception: 0
Public Remarks: A Newly Renovated 16 Unit Apartment Building in Durham! The total annual rent roll for the 16 apartments is $182,400. There can be an additional unit in Building #2 for a total of 17 units. Building #1 (on the right which had been renovated several years ago) has 8 apartments. There are 4 studio apartments rented at $850 each & there are 4 - 1 bedroom apartments rented at $950 each. The total annual rent roll is $86,400 for Building #1. Building #2 (on the left which is being renovated now) will have 8 - 1 bedroom apartments rented at $1,000 per month for a total annual rent roll of $96,000 for the 8 units. A 9th unit can be added in Building #2 in the basement: a 2 bedroom apartment. There is a new septic system that can be added onto for additional buildings/units. The utilities are separate with each tenant paying for their own utilities. There is a large open backyard with a stream - Cornwallville Creek or Thorp Creek - & ample parking around the buildings.
Status Change Information
Major Change Timestamp: 2022-08-30T22:36:49Z
Major Change Type: Status Change
Status Change Timestamp: 2022-08-30
Purchase Contract Date: 2022-01-26
Close Date: 2022-08-30
Close Price: 1456188
Concessions: No
Buyer Financing: Conventional
Income and Expenses
Financials Available Y/N: Yes
Meter Information
Number Of Separate Electric Meters: 9
Number Of Separate Gas Meters: 9
Unit 1 Information
Unit Description: See attached Rental Units Chart
Unit 2 Information
Unit Description: See attached Rental Units Chart
Unit 3 Information
Unit Description: See attached Rental Units Chart
Unit 4 Information
Unit Description: See attached Rental Units Chart
Showing Information
Showing Instructions: Contact ShowingTime online or call 800-746-9464
Location Tax and Legal
Street Number: 2336
Street Name: Route 145
County: Greene
State: NY
Zip Code: 12423
Town (Taxable): Durham
Property Features
Appliances: Electric Water Heater; Water Heater
Basement: Finished; Partial; Unfinished
Construction Materials: Brick; Frame
Electric: 100 Amp Service; Circuit Breakers
Foundation Details: Block; Brick/Mortar
Heating: Baseboard; Electric
Interior Features: High Speed Internet
Patio And Porch Features: Deck; Patio; Porch
Property Condition: Updated/Remodeled
Road Surface Type: Paved
Roof: Asphalt; Shingle
Sewer: Septic Tank
Tenant Pays: Electricity
Water Source: Well
Window Features: Double Hung Window(s)
Listing Courtesy of RVW Select Properties
Listing Agent: Theodore Banta III