17 Canal St, Ellenville, NY 12428-1216
This exceptional multifamily investment property, located at 17 Canal Street in Ellenville, NY 12428, presents a compelling opportunity for income generation. The property consists of a four-unit apartment building and a separate one-bedroom cottage, all currently rented. The main building offers a diverse unit mix including one three-bedroom unit, one two-bedroom unit, one studio unit, and one one-bedroom unit. The property sits on a 0.32-acre lot and was built in 1925, classified as a Class B multifamily building. A detached one-car garage provides additional storage, and ample parking is available for five vehicles. Its convenient location offers proximity to shopping and the Ellenville Regional Hospital, ensuring high tenant demand and ease of management. The asking price for this income-producing asset is $475,000. This property is situated in the charming town of Warwarsung, offering a blend of peaceful living and convenient access to essential amenities. This is an ideal investment for those seeking a stable and profitable rental portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.