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364 Angola Road, 
Cornwall, NY 12518

$325,000


8

Beds


5

Baths


5,043

Sq Ft


Multi-Family

Sold

Listed by

Jeffrey M Lease

John J Lease Realtors Inc

MLS#

H4828367

Source:

OneKey MLS

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About This Home

364 Angola Road

This is a fantastic opportunity to own four income units in the Cornwall School District. The Income & Expense is attached as a document icon at the top of this listing. The property is a very large Victorian home in the town of Cornwall which has been modified to (1) one bedroom, (2) two bedrooms and a three bedroom unit. It happens to be among homes in the $500K price range. It has a south-facing front porch overlooking Spy Rock Mountain of Black Rock Forest. A property like this can never be replicated as the multi-tenancies have been grandfathered into the single family zone. This location and quality do not come to market often. The apartments all have their own separate entries. Plenty of parking. The units have a nice flow to them. Some of the kitchens and baths have been modernized. The rents are typically low and could be increased by 15% with some minor improvements. The Cornwall school district and proximity to West Point are features that make these units much sought after.

Home Facts

Multi-Family

5 Baths

8 Bedrooms

Built in 1880

Price Summary

329,000

$65 per Sq. Ft.

MLS #:

H4828367

Sold:

October 8, 2019


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

5,043 Sq. Ft.


Structure

Structure

Architectural Style:

2 Story, Victorian

Year Built:

1880


Lot

Lot Size (Sq. Ft):

37,462


Finances & Disclosures

Finances

Price:

$329,000

Price per Sq. Ft:

$65 per Sq. Ft.

Source:OneKey MLS
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