42855 State Route 28 Arkville, NY 12406

Property Details for 42855 State Route 28

Year built

1920

Lot size

2.50 lot acres

Property size

7,000 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity in Arkville, NY, presents a unique portfolio of ten rental apartments spread across five distinct buildings situated on a sprawling 2.5-acre lot. The property boasts a diverse range of units, catering to various needs and preferences. A charming Victorian two-family home features two identical units, each with two bedrooms, one bath, a spacious living room, eat-in kitchen, and in-unit laundry. A second two-family home, also known as the Long House, offers a two-bedroom, one-bath unit on the first floor and a one-bedroom, one-bath unit upstairs. A cozy cottage provides a single-bedroom, one-bath unit with a living room, kitchen, and den. A large Victorian house comprises three additional units: a studio apartment, a two-bedroom unit on the second floor, and a one-bedroom unit on the third floor. Each unit in the Victorian house includes a full bath and eat-in kitchen. Finally, a three-bedroom, one-bath golf course house completes the offering, featuring a galley kitchen, open living room with fireplace, and a deck. All units are currently rented, with tenants responsible for all utilities, including heat and hot water. The property utilizes well water, eliminating water bills. The grounds are meticulously maintained, featuring private roads and ample common areas and gardens. Owner financing is available with a substantial down payment. This property presents a compelling investment opportunity, and the possibility of purchasing it as a package with other listed properties (MLS 6272238, 6272425, & 6272262) is also available. The total square footage of all buildings is 7,000 square feet.

Location Insight

City

Arkville

County

Delaware County

State

New York

Longitude

-74.62838

Latitude

42.14686