19 Weaver Road, Gallatin, NY 12523

$360,000
5
BD
2
BA
2,262
SqFt
List Price
$360,000
Closing Date
Jan 01, 1800
Status
ACTIVE
MLS#
149895
Bedrooms
5
Full-baths
2
Sq. Ft
2,262
Acres
2
Year Built
1951

Property Description

Exclusive Investment Opportunity: Immediate Action RequiredWe present to you a golden opportunity to substantially increase your investment portfolio with this recently renovated duplex, characterized by individual units that hold the promise of high rental yields. This investment beckons with the allure of not just timely returns but a potential for escalated profits owing to the prospective addition of another rental unit. Here are the salient features and urgent aspects to consider:1. Robust Current Tenancy:Continued Occupancy: The current tenant has expressed a keen interest in continuing their lease, showcasing the property's desirability and guaranteeing a steady income stream.2. Potential Expansion Opportunity:Walkout Basement Ready for Conversion: The full walkout basement in the main unit beckons with the opportunity to be converted into an additional rental unit, pending necessary town permits and zoning permissions. This presents a lucrative avenue for boosting your revenue substantially.3. Recent Renovations and Amenities:Modern Open Concept: The units have been thoughtfully renovated to feature an open concept design, boasting larger bedrooms and a spacious living room.Premium Vinyl Flooring: Adding a touch of sophistication and ease of maintenance, the units feature high-quality vinyl flooring.Off-Street Parking: Further enhancing the property's appeal is the provision for off-street parking, adding a layer of convenience for the potential tenants.4. Minimal Landlord Responsibilities:Low Maintenance Commitment: The landlord's responsibilities are notably low, with tenants taking charge of ground maintenance and snow removal, allowing you to enjoy a hassle-free investment.Tax Only Landlord Obligation: As the landlord, your primary obligation would be catering to the tax payments, facilitating an easy management process.5. Showing Schedule:24-Hour Notice Requirement: Given the existing tenant occupancy and to ensure smooth transitions, please note that a 24-hour notice is required to arrange property showings.We urge you to act swiftly to seize this promising investment opportunity. The duplex stands as a beacon of potential, ready to reward proactive investors with significant returns. Please get in touch at your earliest convenience to explore this avenue that perfectly marries potential with profitability.

Additional Information

Town Tax
1355
Siding
Vinyl
Roof
Metal
Foundation
Block
Construction
Block, Frame
Basement
Full
School District
Pine Plains
Sewer
Septic Tank
Water
Well

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Calculator source: Real Geeks

Listing courtesy of Four Seasons Realty Group.