42981 Highway 28

Arkville, NY 12406

$449,000
Price
2
Beds
4
Baths
1
1/2 Bath
5,404 Sq. Ft.
$83 / Sq. Ft.
5,404
Sq. Ft.
$83
per Sq. Ft.

Description

An incredible opportunity! This 4 unit multi-family, on the Route 28 corridor leading into Margaretville, has a multitude of potential uses and configurations. Keep the existing 4 apartments (2 one bedrooms and 2 studios) or convert into two retail spaces, well-suited for a gallery, shop or salon. The entire building, with its proximity to Margaretville Hospital, would be an ideal medical office, with existing reception area and multiple patient rooms. Central AC and heat, sprinkler system and many...An incredible opportunity! This 4 unit multi-family, on the Route 28 corridor leading into Margaretville, has a multitude of potential uses and configurations. Keep the existing 4 apartments (2 one bedrooms and 2 studios) or convert into two retail spaces, well-suited for a gallery, shop or salon. The entire building, with its proximity to Margaretville Hospital, would be an ideal medical office, with existing reception area and multiple patient rooms. Central AC and heat, sprinkler system and many new upgrades. High ceilings throughout. Unique chance to have one or two front-facing retail spaces, while living in, or renting, the apartments in the rear of the building.

Listing Agents

  1. Daniel O'Connell

    Daniel O'Connell

    Alternative Listing Agent

    Compass

Property Details for 42981 Highway 28

Styles Of Residence
Fourplex
On Waterfront
No
Parking Description
Gravel, Parking Available
Nearest Cross Street
Elm Street
Add your commute
LISTING UPDATED: 03/20/2024 11:44 PM

Property Details for 42981 Highway 28

StatusActive
MLS #R1527129
Days on Market39
Taxes$7,743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential / Mixed Use
Year Built1970
Lot Size0.43 AC / 18,730 SF
CountyDelaware County
Add your commute

Building Information for 42981 Highway 28

Stories1Residences4Year Built1970Lot Size0.43 AC / 18,730 SF

Payment Calculator

$3,096 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,450

Property Taxes

$645

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 42981 Highway 28

Summary
Location and General Information
  • Accessibility: Accessible Bedroom, No Stairs
  • Elementary School District: Margaretville
  • High School District: Margaretville
  • Middle Or Junior School District: Margaretville
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Middletown-124689
  • Tax Annual Amount: $7,743.00
Property
Lot Information
  • Building Area Source: Other
  • Building Area Total: 5404.0
  • Land Features: Near Public Transit, Rectangular
  • Num Of Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Units: Acres
  • Parcel Number: 307.1-1-46
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $371,666
  • Year Built: 1970
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
Utilities
  • Num Of Electric Meters: 1
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame, PEXPlumbing
  • Exterior Features: Patio
  • Foundation Description: Block
  • Patio And Porch Features: Patio
  • Roof Description: Flat, Membrane, Rubber
  • Type Of Building: Mixed
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Full, Walk Out Access
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 2
  • HVAC Type: Heat Pump, Central Air
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Tile, Varies
  • Heating: Heat Pump, Oil, Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Storage, Natural Woodwork, Bedroomon Main Level
  • Levels: One
  • Sq Ft Total: 5404.0
  • Main Level Bathrooms: 0
  • Window Features: Thermal Windows
Multi Family
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expense Includes: Water Sewer
  • Stories: 1
  • Stories Total: 1
Rental
Rental Information
  • Rent Includes: All Utilities
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 42981 Highway 28

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42981 Highway 28

Taxable ValueLand$48,000Additions$331,100Total$379,100
Tax Record2020$7,580 ($632 / month)
Home Facts
Total Finished SqFt4,453 SqFtAbove Grade Finished SqFt4,453 SqFtUnfinished Basement SqFt4,453 SqFtStories1Lot Size18,731 SqFtStyleVeterinaryYear Built1970Year Renovated2005ZoningBCCountyDELAWAREAPN124689 307.1-1-46

Schools near 42981 Highway 28

This home is within Margaretville Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Margaretville Central School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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42981 Highway 28 is a mixed use property for sale in Arkville, NY 12406. This property was listed for sale on March 19, 2024 by Compass, it's currently listed at $449,000. It has been on the market for a total of 39 days and was last sold on February 6, 2014. This listing's school district is Margaretville Central School District. Nearby schools include Margaretville Central School. 42981 Highway 28 is a 2-bed, 4.5-bath, 5,404 sqft mixed use property built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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