6 Roosevelt Avenue, Stamford, NY 12167

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Property Description

Turnkey Three-Unit Investment - Stamford Village, NY Generating $42,000 in annual gross rents, this three-family sits on a quiet side street in the heart of Stamford Village, the self-styled Queen of the Catskills. Residents are steps from shops, dining, a grocery store, bank, and post office, with village amenities including a municipal swimming pool and direct access to the Catskill Scenic Trail. Lake Utsayantha and Mount Utsayantha offer nearby boating, fishing, and hiking, and Plattekill Mountain ski resort is a short drive away in neighboring Roxbury. Oneonta - home to SUNY Oneonta, area hospitals, and larger retail - is about 26 miles and roughly 30-45 minutes west via NY-23. Unit 1 is a spacious two-story, three-bedroom apartment with a well-appointed kitchen, in-unit washer/dryer, a front porch, and exclusive use of the fully fenced backyard. Unit 2 is a generous first-floor one-bedroom filled with natural light, offering a private covered deck and washer/dryer hookup. Unit 3 is a charming second-floor one-bedroom with its own covered deck overlooking the village and in-unit laundry. All three units are separately metered for electric, and tenants cover their own utilities except water/sewer. Current rents are $1,550, $1,000, and $950 per month, totaling $3,500 gross monthly. The sale includes a second deeded gravel parking lot providing off-street parking for all tenants. The property has public water and sewer, high-speed internet availability, and a fenced backyard with a storage shed. This is a village multi-family with reliable rental income - an uncommon find in the Catskills market. Whether expanding a portfolio or owner-occupying with two units covering the mortgage, the numbers work. Shown by appointment.

6 Roosevelt Avenue | MLS# R1694910

This home located at 6 Roosevelt Avenue, Stamford, NY 12167 is currently listed for sale with an asking price of $269,000. This property was built in 1900 and has 5 bedrooms and 3 full baths with 3008 sq. ft. Roosevelt Avenue is located within the Stamford school district. Search Stamford real estate on holly-wright.timberlandproperties.com today.

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Property Features

Property Type: Residential - Multiple
Basement: DirtFloor, Full
Fenced: Yes
Heating: Electric, Baseboard
Home Style: Triplex
Lot Size: 0.13 Acres
Stories: 2.0
Taxes: $4,217
Year Built: 1900

Amenities

CeilingFans
Balcony
Deck
FullyFenced
PrivateYard
SeeRemarks

Feature Descriptions

Appliances: ElectricWaterHeater
Days on Site: 13
Exterior: VinylSiding, PexPlumbing
Fencing: Full
Flooring: LuxuryVinyl, Varies, Vinyl
Laundry: WasherHookup
Lot: IrregularLot
Lot Dimensions: 68X115
Parcel#: 125203-054-006-0002-021-000
Parking: Common, Gravel, ParkingAvailable, TwoOrMoreSpaces
Parking Notes: Common, Gravel, ParkingAvailable, TwoOrMoreSpaces
Patio/Porch: Balcony, Deck
Pool: Community
Sewer: Connected
Units: 3
Utilities: ElectricityConnected, HighSpeedInternetAvailable, SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Stamford

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Estimated Payment

$ 1,028.55 per month $598.68 Principal & Interest $351.42 Property Tax $78.46 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Frank Lumia Real Estate Plus!, LLC
Agency Phone: 607-746-6029

Shown By

Agent Name: Holly M. Wright
Agent Phone: (607) 316-6895
Agency Title: Timberland Properties

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