687 Main Street Cairo, NY
71,003 Sq. Ft., 1.63 acres lot size / Multi-Family
Status: Sold
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Currently running as a 5 unit but could easily be a 7 units in the main house with an additional building in the rear of the property that could (with Approval from town) could be converted into 3 more apartments for a total of 10 units. 1.6 acres with municipal water and sewer with plenty of parking. This is def a money maker for anyone looking to get in to the real estate market or a seasoned investor. All rents are below market value. The three apartments that are rented for $800 should read for 900 easily. The one upstairs apartment should easily rent for $950 and the owners apartment would rent for $1000-$1100. There are two other potential apartments in the main building one 2 bedroom and then one studio/1 bedroom adding another $1800 a month to your rent roll landlord pays taxes, electric, heat,. Tenants pay cooking gas, garbage, Cable/Internet. the electric roads between $400-$500 per month the water is about $400 per quarter and the heat average is between $350-$400 per month. The main house is a little over 5000 sq ft. Taxes are LOW! Do not miss this one Opportunity is knocking...let them in!
property details
Type
Multi-Family
Status
Closed
Year Built
1970
Lot Size
71,003 Sq. Ft., 1.6 acres
Listing Id
20214205
Courtesy Of
Ron Knowles - Century 21 Alliance-NP ron.knowlesc21@gmail.com
List Office Phone
+1 845 255 6163
Interior Features
Appliances
Other
Refrigerator
Built-In Range
Refrigerator
Built-In Range
Flooring
Varies
Exterior Features
Roof
Metal
Asphalt
Shingle
Asphalt
Shingle
Lot/Land Description
Level
Other Structures
Guest Facilities
Parking
Other
Driveway
Driveway
Utility & Building Info
Sewer
Public Sewer
Water Source
Public Water
Heating
Electric Heating
Oil
Baseboard
Oil
Baseboard
Tax Amount
4950
Architectural Style
Other
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| The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than this broker are marked with IDX logo and the detailed information about them includes the name of the listing broker. Copyright © 2025 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved |
Price History
| date | event | price | source |
|---|---|---|---|
|
04/22/2022
04/22/2022
|
Sold |
$300,000
|
Ulster County Board of Realtors |
|
01/14/2022
01/14/2022
|
Pending |
$300,000
|
Ulster County Board of Realtors |
|
11/18/2021
11/18/2021
|
Active |
$300,000
|
Ulster County Board of Realtors |
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Market Trends
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