1224 Creek Locks Rd, Bloomington, NY 12411

This 6 unit apartment building is a solid investment with a history of long-term tenants and a high cap rate of 10.9%. Set back from the road on a tree-lined driveway and sitting high above the Rondout, you will love the riverviews from the deck and the peace and serenity of the gardens. You won't have trouble finding tenants in this easy-to-manage investment property with ample parking, separate utilities, and coin-operated laundry in the common room. Situated between Rosendale and Kingston, it is close to all amenities with a peaceful, country feel. The high cap rate on this money-maker ensures your mortgage can paid off in under 10 years! This is a unique location and a smart investment.