Sale pending - back up offers being accepted. Meticulously maintained 2 family colonial apartment building conveniently located 1 mile from Exit 4 off RT. 146. The 1st floor apartment consists of 5 total rooms, 2 bedrooms, 1 full bath, a spacious eat in kitchen, and a living room with an adjacent space for a home office. The 1st floor apartment was updated in March of 2019, including fresh paint, all new carpets, new kitchen countertops w/ double SS sink, and new bathroom vanity. There is a small covered patio off the back entrance of the apartment leading out to the back yard. The 2nd floor apartment consists of 6 total rooms, 2 bedrooms w/ an additional small room for an office. There is an enclosed 6'x24' porch off the back of the house leading to the apt. main entrance into kitchen. The apartment was updated in Sept., 2018 with new master bedroom carpet, new vinyl "wood" plank flooring in dining room, kitchen & bathroom, and fresh paint on all walls, ceilings and trim. The 2nd floor apartment features a galley kitchen and a large dining room w/ breakfast bar. There are hardwood floors in the 2nd bedroom, hallway, breakfast bar area, and office. There is walk up access to attic for storage only. Both apartment have their own laundry closet with W/D hook ups inside each apartment. There is off street parking for 2 cars per apartment, plus additional parking for visitors. The property includes a shared 12'x24' shed for some additional storage. The yard and grounds are beautifully maintained and landscaped. Tenants have not been allowed to have pets and there is a strict no smoking and no pets policy in the lease. In addition to the updates mentioned in the apartment descriptions, the boiler was replaced in Sept. 2017 with a Buderus G115 and the hot water tank was replaced with a HTP SSC-50 indirect hot water storage tank. In addition, at the same time the chimney was sleeved and capped to maximize the efficiency of the new Buderus boiler. The roof, siding, and many of the windows were replaced in 2000. The building went through a major renovation in 1991 with the electrical and plumbing updated and both apartments completely renovated and modernized. Current 1st floor tenant has a one year lease that expires March 30, 2021 and the 2nd floor tenant will be vacating the apartment on July 31, 2020. Both apartments will be rented by the sale closing date, if so desired by the buyer. Current lease agreements requires first, last & 1 month security deposit. Rents for both apartments are $1475/month, and includes heat, hot water, water & sewer, trash removal & snow removal. Both apartments are served by a single oil fired boiler and hot water tank. Nydam Oil has serviced the property for over 30 years and the 2019 oil expense was $1898 for the year. Additional expenses for 2019; annual property tax was $4507, water & sewer was $1368, landlord electricity was $248, and trash removal was $995. Current owner handled the snow removal and yard maintenance personally. Zillow rent estimate for the area does not take into account that the apartment rent price includes heat, hot water, trash and snow removal. Current owner has never had an issue renting either of the apartments over 28 years of ownership.
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