50 John White Road
Highland, New York, United States

Description

Don't miss your chance to own this unique property consisting of a three family and Single family home on sixteen tranquil acres. The single family Ranch is currently owner occupied, but the property lends itself to be a complete rental/income opportunity by renting the Single Family as well. The Ranch home boasts gleaming hardwood floors, central air, vaulted ceiling with skylights, three bedrooms, two full baths, and a full walkout basement. The three family consists of three, two bedroom apartments. Two of the apartments have leases, the other is owner occupied. Both dwellings are on town water and have their own septic systems. This lovely sixteen acre parcel has the potential to be subdivided. The cap rate has been figured based on adding the single family with the three family property. The cap rate would be six percent based on the value of the single family home and the family home. Great commuter location; close to I-87, Metro North train and bus to NYC.

Presented by

Houlihan Lawrence

Houlihan Lawrence
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Main: +1 914 273 2800
Toll Free: +1 888 454 7356
Fax: +1 914 273 0100

Location

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