Rare 6-Unit Income Property – 10% Cap in Highland, NY
Looking for stability and high yield? This property offers a perfect blend of high returns and low management stress. This 6-unit building operates at a 10% cap rate with a proven history of zero vacancy. Enjoy the benefits of a "hands-off" utility structure where tenants cover their own costs, significantly reducing owner expenses.
The property offers excellent parking for residents and is home to high-quality tenants who take pride in their community. Whether you are looking to 1031 exchange or start a high-yield portfolio, this turnkey asset is ready to perform from day 1
Property Features
Parking
Parking Lot
Private
Cooling Information
None
Heating Information
Natural Gas
Water Features
Public
Utilities
Natural Gas Available
Basement
Full
Listing Courtesy: MS Realty Group USA, Inc - 845-367-7470