About 411 Homestead Avenue
This Victorian-style multi-family building presents an exceptional investment opportunity, strategically positioned on an oversized corner lot. Boasting three spacious 2-bedroom units, each with its own private entry, the property ensures tenant privacy and comfort. Additionally, a detached 2-bay garage provides an additional source of income, further enhancing its appeal to investors. With all utilities being separate and tenant-paid including natural gas heat and municipal water/sewer landlord expenses are minimized, while efficiency is maximized. This setup simplifies maintenance and repairs, making them more manageable for property owners. The inclusion of ample off-street private parking not only adds convenience for tenants but also enhances the property's desirability. Parking availability is often a crucial factor for renters, and having ample space can attract and retain tenants more effectively.
Features of 411 Homestead Avenue
MLS® # | H6287843 |
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Price | $649,000 |
Bedrooms | 6 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 2,472 |
Acres | 0.71 |
Year Built | 1856 |
Type | Residential |
Sub-Type | Multi Family |
Style | Colonial |
Status | Pending |
Community Information
Address | 411 Homestead Avenue |
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City | Montgomery |
County | Orange |
State | NY |
Zip Code | 12543 |
Amenities
Parking | Detached, 2 Car Detached, Off Street |
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# of Garages | 2 |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | First Floor Bedroom |
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Heating | Natural Gas, Baseboard, Hot Water |
Cooling | None |
Has Basement | Yes |
Basement | Finished, Full, Walk-Out Access |
Fireplace | No |
Exterior
Lot Description | Level |
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Construction | Frame, Aluminum Siding |
School Information
District | Valley Central |
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Elementary | Berea Elementary School |
Middle | Valley Central Middle School |
High | Valley Central High School |
Additional Information
Date Listed | February 13th, 2024 |
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Days on Market | 73 |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Curasi Realty, Inc. |
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