$329,000

364 Angola Road, Cornwall, NY 12518

8

Beds

5

Baths

5,043

Sq.ft

$65

/sq.ft

Property Description

This is a fantastic opportunity to own four income units in the Cornwall School District. The Income & Expense is attached as a document icon at the top of this listing. The property is a very large Victorian home in the town of Cornwall which has been modified to (1) one bedroom, (2) two bedrooms and a three bedroom unit. It happens to be among homes in the $500K price range. It has a south-facing front porch overlooking Spy Rock Mountain of Black Rock Forest. A property like this can never be replicated as the multi-tenancies have been grandfathered into the single family zone. This location and quality do not come to market often. The apartments all have their own separate entries. Plenty of parking. The units have a nice flow to them. Some of the kitchens and baths have been modernized. The rents are typically low and could be increased by 15% with some minor improvements. The Cornwall school district and proximity to West Point are features that make these units much sought after.

Features

  • Property Type:

    • Other
  • County:

    • Orange County
  • Year Built:

    • 1880
  • Exterior Features:

    • Concrete Fiber Board
  • Bathroom Features:

    • 5 Full
  • Lot Features:

    • Partly Wooded
    • Sloping
  • Parking Features:

    • Driveway
    • Off-Street Parking
  • Lot Area:

    • 37462
  • Floor Laundry:

    • No
  • Health Club:

    • No
  • Storage:

    • No
  • Unit Washer-Dryer Allowed:

    • No
  • MLS Name: HGMLS
  • MLS Number: 4828367
  • Listing Agent: Jeffrey M Lease
  • Brokerage: John J Lease REALTORS Inc
  • Last updated: 2019-04-12
  • Last checked: 2019-09-18
  • Listing status: Under Offer

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$329,000

364 Angola RoadCornwall, NY 12518

8 Bed5 Bath
5,043 Sq.ft$65/sq.ftOther

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