Presenting a fantastic opportunity at 43 Hillside Ave, Monticello! This remarkable property features four newly renovated units, completed in 2024, offering modern living spaces that are ready to generate income. With a projected rental income of $46,800, this is a turn-key investment that you won't want to miss.
Additionally, one of the units will be delivered vacant, presenting a perfect opportunity for owner-occupancy or for a targeted rental strategy. The potential doesn’t stop there! This property can be purchased together with MLS# 811928, giving you the chance to expand your investment portfolio further by building 7 condos. Don’t miss out on this prime development opportunity in a thriving area. Act now to secure your place in Monticello's growing real estate market!
43 Hillside Avenue, Monticello, NY, 12701
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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