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8 Cottage Street Ext

Monticello, NY 12701
  • $440,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 931779
UPDATED: 28 min ago
$440,000
  • 7
    BEDS
  • 0.44
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

Welcome to 8 Cottage St Ext in Monticello, a fully renovated, income-producing multi-unit property nestled on a quiet cul-de-sac, just minutes from public transportation and shopping. Situated on a generous lot with potential for subdivision, the main house offers two thoughtfully updated units: a spacious 4-bedroom apartment on the first floor and a bright 2-bedroom unit upstairs, both featuring brand-new kitchens, renovated bathrooms, fresh flooring, and quality finishes throughout. A separate cottage features a 1-bedroom unit with existing rental income, adding immediate cash flow. Tenants pay their own electric and heating, keeping ownership costs low. With low taxes, ample land, and a location that combines convenience with privacy, this property presents an exceptional opportunity for investors or owner-occupants seeking a turn-key, income-generating multi-unit home.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-12-04T15:18:32.277.
www.thetesslerteam.com/homes/169596514
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8 Cottage Street Ext Monticello, NY 12701

  • Price: $440,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 28 min ago
  • MLS #: 931779
7
Beds
3
Baths
0
½ Baths
0.44
Acres
1910
Built
Neighborhood:
Thompson
County:
Sullivan
Area:
Thompson
Elementary School:
George L Cooke School
Middle School:
Robert J Kaiser Middle School
High School:
Monticello High School
School District:
Monticello
Property Description
Welcome to 8 Cottage St Ext in Monticello, a fully renovated, income-producing multi-unit property nestled on a quiet cul-de-sac, just minutes from public transportation and shopping. Situated on a generous lot with potential for subdivision, the main house offers two thoughtfully updated units: a spacious 4-bedroom apartment on the first floor and a bright 2-bedroom unit upstairs, both featuring brand-new kitchens, renovated bathrooms, fresh flooring, and quality finishes throughout. A separate cottage features a 1-bedroom unit with existing rental income, adding immediate cash flow. Tenants pay their own electric and heating, keeping ownership costs low. With low taxes, ample land, and a location that combines convenience with privacy, this property presents an exceptional opportunity for investors or owner-occupants seeking a turn-key, income-generating multi-unit home.
Exterior Features

Architectural Style Colonial Carport YN No Construction Materials Vinyl Siding Cross Street Landfield Ave Exterior Features Mailbox Foundation Details Concrete Perimeter Garage YN No Lot Features Back YardFront YardLevelNear Public TransitNear SchoolNear Shops Parking Features Driveway Pool Private YN No Property Attached YN No Road Responsibility Public Maintained Road Waterfront YN No

Interior Features

Basement Details Storage Space Basement YN Yes Cooling None Fireplace YN No Flooring Vinyl Interior Features Other Laundry Features Other Num Of1 Bed Rooms 1 Num Of2 Bed Rooms 1 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 1

Property Features

Additional Fees YN No Building Area Total 1558 Down Payment Resource YN Yes Electric Company NYSEG Gross Income 4300 Heating ElectricOther Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 0 Operating Expense 8300 Property Condition Updated/Remodeled Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Spa YN No Special Listing Conditions None Tax Annual Amount 1524.87 Tax Section 112 Tax Source Municipality Tenant Pays ElectricityHeat Utilities Electricity ConnectedSewer ConnectedTrash Collection PublicWater Connected Village Monticello Water Access YN No Water Source Public

Listing courtesy of Chaim Katz of Metrex Realty INC:
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-12-04T15:18:32.277.
 
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