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Multifamily Property with Income Potential
For Sale
$499,900

105-107 E Cold Spring Rd, Monticello, NY 12701

Three renovated houses on one lot, generating $4900 monthly.

Property SizeContact for details
Lot Size0.70 Acres
Days on Market166

Property Features for 105-107 E Cold Spring Rd

General Information

Standard status Active
Lot size 0.70 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $7,665

Building Details

Year Built 1985
Units 3
Listing Agency: KELLER WILLIAMS REALTY
Listed By: Nicholas Cuomo · License #10401279744
Source: Elliman
Added: Mar 10 Changed: Aug 7 Last Checked: Aug 21 at 10:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY

Investment Insights

Based on property information with market context.

This multifamily property features three houses on a single lot, generating a monthly income of $4900. Each house has separate utility meters. The front house contains two units: the upper level features 3 bedrooms and 2 bathrooms, while the lower level has 2 bedrooms and 1 bathroom. The back house is a standalone single-family dwelling with 3 bedrooms and 1 bathroom. The houses have been renovated in recent years.

Key Highlights

  • High monthly rental income of $4900.
  • Three renovated houses on one lot.
  • Three separate utility meters.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store HVAC Service Parking Lot & Garage Nail Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 12701, NY

12,360
Population
7,188
Households
1.7
Avg Household Size
38
Median Age
23%
College-Educated
78%
High-School Grad
61.0 sq mi
ZIP Area
203
Density / Sq Mi
$56,601
Median Household Income
$35,918
Median Earnings
$989
Median Rent
$178,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three renovated houses on one lot, generating $4900 monthly.
Where is this multifamily property located?
The property is located at 105-107 E Cold Spring Rd Monticello, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: High monthly rental income of $4900.; Three renovated houses on one lot.; Three separate utility meters.
More about this property
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