Legal Location: Thompson 2-Family Brick Fixer-Upper: this is a significant project, strictly "as-is". Strong rental demand: 4 blocks from county offices, transportation, & main street Fixer Upper with great potential on almost 1/2 acre. Backs to large natural open area. Lots of potential with instant equity. Well maintained neighborhood. Active rental section of Monticello, County Seat of Sullivan County. Great rental pent-up demand. Top floors offers opportunity to finish attic, with full-size staircase. Huge parking area. Huge fenced yard. Brick construction. Side shed. Easy access to public transportation. Lower apartment is 1 Bedroom / 1 Bath; rents for $600 / month Upper apartment is 3 Bedroom / 1 Bath, possible 4th Bedroom; rents for $950 / month Eligible for special federal 203k financing for resident-owner. A short distance to jobs, stores, public transit &0.3 miles: Sullivan County Government Center (4 blocks) &0.3 miles: Motor Vehicle agency (4 blocks) &0.4 miles: Broadway, the main street, is 3 blocks away &0.2 miles: Bus terminal (2 blocks) Easy to reach major commute corridors: &NY-42 and NY-17 are both < 1 minute away Will consider creative offers for qualified buyers. Contact me for a list of repairs and sample after-repair financials.
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