High-Yield 6-Unit Income
108 Vineyard Avenue Highland, NY 12528
For Sale
$798,000
Pending
Turnkey 6-unit property with a 10% cap rate.
Days on Market95
Property Features for 108 Vineyard Avenue
General Information
- Standard status
- Pending
- Property subtype
- Commercial
Building Details
- Year Built
- 1890
Listing Agency:
MS REALTY GROUP USA, INC
(845) 367-7470
Listed By:
MOSES ZWIEBEL
Source:
Corcoran
Added: Apr 20
Changed: Jul 10
Last Checked: Jul 23 at 7:39AM
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 MS REALTY GROUP USA, INC
Investment Insights
Based on property information with market context.
This 6-unit income property in Highland, NY, operates at a 10% cap rate and has a history of zero vacancy. Tenants cover their own utility costs, reducing owner expenses. The property includes parking for residents and is occupied by tenants. This turnkey asset is suited for those looking to 1031 exchange or start a high-yield portfolio.
Key Highlights
- 10% Cap Rate: High return on investment.
- Proven History of Zero Vacancy: Demonstrates consistent income.
- Tenants Pay Utilities: Significantly reduces owner expenses.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Turnkey 6-unit property with a 10% cap rate.
Where is this apartment building located?
The property is located at 108 Vineyard Avenue Highland, NY.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: 10% Cap Rate: High return on investment.; Proven History of Zero Vacancy: Demonstrates consistent income.; Tenants Pay Utilities: Significantly reduces owner expenses.