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8 Cottage Street Ext Monticello, NY 12701

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For Sale
$440,000

Income-producing multi-unit property with subdivision potential near transportation and shopping.

Lot size:
0.44 Acres

Property Features for 8 Cottage Street Ext

General Information

Lot size
0.44 Acres

Building Details

Year built
1910

Source: Metrex Realty INC Agent Chaim Katz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated Multi-Unit Income Property

Located on a quiet cul-de-sac in Monticello, this income-producing multi-unit property at 8 Cottage St Ext has been fully renovated. The property is situated on a generous lot with potential for subdivision and is conveniently located near public transportation and shopping. The main house includes two updated units. The first floor features a spacious 4-bedroom apartment, while the upstairs unit offers 2 bedrooms. Both units include new kitchens, renovated bathrooms, fresh flooring, and quality finishes. A separate cottage contains a 1-bedroom unit with existing rental income. Tenants are responsible for their own electric and heating. This property offers an opportunity for investors or owner-occupants seeking a turn-key, income-generating multi-unit home.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Monticello
County
Sullivan
State
New York
Longitude
-74.6844287
Latitude
41.6575711

FAQs

What type of property is this?
Multifamily property - Income-producing multi-unit property with subdivision potential near transportation and shopping.
Where is this multifamily property located?
The property is located at 8 Cottage Street Ext Monticello, NY.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: - Fully renovated, income-producing multi-unit property.; - Separate cottage with existing rental income provides immediate cash flow.; - Tenants pay their own electric and heating, lowering ownership costs.
More about this property
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