Great investment opportunity! Welcome to Jericho’s newest townhomes. A chance to own this four-unit development. Keep all four units as investment properties or keep some and sell the others. Condo conversion paperwork started. This project consists of 4 lovely light-filled units that were built in 2019. An open first floor plan includes a spacious kitchen, dining area, half bathroom, and large living room. A large slider steps out to a private deck and spacious back yard. Upstairs are two bedrooms with large closets and a full bathroom. The unfinished full basement provides laundry with an included washer and dryer and over 600 square feet of additional storage space. There is plenty of off-street parking, a raised bed garden area, and lots of room with the shared common acreage. Close to all that Jericho has to offer. †

Essentials

Contract Date Nov 16th, 2024
List Price 1,100,000	Bedrooms 8	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 8	Year Built 2019
MLS# 5015094	Lot Size 1 Acres	Taxes $16,000
Type Multi-Family	Days on Market 63 Days	Tax Year 2024
Units 4	Stories 2	Road Frontage 236
Annual Income $96,000	Style	Water Frontage
Annual Expenses $0	Finished 4,864 Sqft	Construction No, Existing
Zoning R	Above Grade 4,864 Sqft	Seasonal No
Total Rooms 8	Below Grade 0 Sqft	List Date Sep 19th, 2024

Expenses

Gross Income $96,000	Operating Expenses $0	Net Income $67,200

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 2 Baths, 1,216 SqFt, $2,000/Monthly	Unit 2 2 Beds, 2 Baths, 1,216 SqFt, $2,000/Monthly
Unit 3 2 Beds, 2 Baths, 1,216 SqFt, $2,000/Monthly	Unit 4 2 Beds, 2 Baths, 1,216 SqFt, $2,000/Monthly

Building

Construction
BasementInterior, Unfinished, Storage Space, Interior Stairs, Interior Access
Interior Features
Exterior Features

Exterior	Disability Features
Foundation Concrete	House Color Maroon
Floors Vinyl Plank	Building Certifications
Roof Shingle-Architectural	HERS Index

Property

DirectionsRoute 15 heading toward Underhill, property is on the right just after Community Bank.
Lot Description
Garage & Parking No

Road Frontage 236	Water Access
Driveway Paved, Common/Shared	Water Type
Flood Zone No	Water Body
Zoning R

Schools

School District NA	Middle
Elementary	High

Utilities

Heat Fuel	Excluded
Heating/Cool None, Baseboard, Individual, Hot Water	Negotiable
Sewer On-Site Septic Exists	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents
Electric 100 Amp, Circuit Breaker	Tax ID 33325310947