39-41 Hillside Avenue Monticello NY, 12701 George L Cooke School
$575,000
ML# 811928
Property Picture

Introducing an exceptional investment opportunity at 39-41 Hillside Ave in Monticello, designed for savvy investors and forward-thinking developers alike! This remarkable property boasts 7 units, with 6 of these units undergoing extensive and stylish renovations in 2024, ensuring they meet the contemporary demands of today’s renters. These upgraded units are currently generating a robust annual rental income of $82, 764, showcasing not only the property’s immediate profitability but also its potential for future growth. In addition to the impressive rental income and value-add opportunity, there’s an exciting option to acquire the neighboring lot for just $350, 000! This parcel holds the potential for constructing 7 condos on these lots, paving the way for substantial future returns in a growing area. Monticello is on an upward trajectory, making this the perfect moment to invest in a property with both immediate cash flow and long-term appreciation potential.The combination of a strong rental market, strategic location, and the possibility of expansion makes this property a standout choice for those looking to make a meaningful impact in the Monticello real estate landscape. Don’t miss out on this lucrative opportunity—seize the chance to invest in your future today!

    All Star Real Estate Brokers
    ALL STAR REAL ESTATE BROKERS Licensed Real Estate Broker (516)318-1392 camille@allstarrealestatebrokers.com