379 Rt 296, Windham, NY 12439

Description

Four apartments across two buildings on a single parcel in the center of Hensonville, with a dedicated parking lot and an adjoining vacant lot included. All four units are two bedroom, one bath, all occupied, and tenants pay their own utilities. Scheduled gross rent is $51,600 a year.

New roofs. 1987 construction, which puts this a generation newer than most of the small multifamily stock on the mountaintop and means fewer of the deferred maintenance surprises that come with the 1900s inventory. Public water and public sewer. Two tax parcels totaling 0.35 acres, 96.14-1-32 and 96.14-1-31.1.

Hensonville sits minutes from Windham Mountain Club, midway through a capital program north of $70 million, and this location draws year round tenants rather than seasonal demand alone. Rents here sit below what the surrounding market supports, leaving room to move them at turnover.

Rent roll, leases and tax bills available to qualified buyers on request. Buyers should underwrite independently.