FANTASTIC INVESTMENT OPPORTUNITY PRICED TO SELL. Second price reduction in past six months. New asking price yields an attractive 8% capitalization rate on annual net operating income. Four charming rental units - two in front house and two in rear building overlooking a neighboring horse farm. Walkable to Purdy’s train station, Farmer and the Fish and a local deli. Low tenant turn-over. Close Route 684, shops and restaurants. Main house has oil heat. Two units in back building have electric heat. Square footage does not include an attached heated fully finished 561 square foot garage with full bath. SEPARATE 1.89 ACRE BUILDING LOT - MLS 4810550 (108 Titicus Road) is available for sale. Potential four-bedroom home overlooking neighboring farm land. Will consider a single buyer for both properties. *Income and Expense information will be provided to qualified buyers - proof of funds or mortgage pre-approval.
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Date Last Updated: 4/26/19 5:15 AM PDT