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Listed by: Red Apple Realty
$ 599,900
Est. payment | /mo
12 Beds
2.46 Acres Lot
$ 599,900
Est. payment | /mo
12 Beds
2.46 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 156791
Bedrooms 12
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1964
Lot Size 2.460 Acres
Acres 2.46
Property Sub-Type Multi Family
Property Description
Investment Opportunity! Diverse Income-Generating Property on 2.45 Acres! Welcome to a unique investment opportunity nestled in a serene setting, boasting a diverse portfolio of rental units that promise reliable cash flow and growth potential. This property features a four-unit apartment building, a charming cottage, two mobile homes, as well as additional income from garages and storage units, all situated on a generous 2.45 acres of land with views!4-Unit Apartment Building: 3 units are 1 bedroom units with the 2nd unit being a 2 bedroom, 2 bath, newly renovated unit. Charming Cottage: A cozy 1 bedroom unit with privacy from other tenants has character and charm. Two Mobile Homes: These mobile homes each offer 3 bedrooms and 2 baths and also offer some privacy from the other residents. Garages and Storage Units: Capitalize on the demand for storage solutions in the area with multiple garages and storage units, providing additional income streams that enhance the overall profitability of the property. Land and Location: Spanning 2.45 acres, this property provides ample space for outdoor activities, & possibly potential expansion. Located within an easy commute to Hudson and the TSP makes this easy for commuters. Investment Potential: With multiple income streams and the potential for rental growth with market adjusted rents, this property is perfect for seasoned investors or those looking to enter the real estate market. The diverse rental options minimize risk and ensure steady cash flow, making it a smart investment.Unit #5-Mobile Home, Lot # 2 White unit: Living room 15.10 x 14, Kitchen 12 x 14, 3 Bedrooms: 11 x 14, 12.11 x 14, and 9.2 x 11. 2 Full Baths including primary bath 5.10 x 14, Laundry 5 x 6. Range, Refrigerator, washer and dryer belong to the tenants. Deck Front 7.6 x 7.4, Rear Deck 13.5 x 10. Unit is Occupied, $975.00/month. Unit #6- Mobile Home, Lot#1, Tan unit: Living room 16.5 x 13.3, Kitchen 11.3 x 13.3, 3 Bedrooms: 9.9 x 13, 15.5 x 13, 9.8 x 7.6. 2 Full baths incl. primary bath 5.6 x 13, Laundry 5.6 x 7. Range & Refrigerator, washer & dryer are tenants. Unit is occupied, $950.00/month. Unit # 7-Cottage, Kitchen/Liv. combo, 13.9.7, Bedroom 12.10 x 11.4, Bath 7.3 x 4.8, range & refrigerator unit occupied $650/month. Units #8-Storage units, unit #1 $80, #2 $125, #3 $75, #4 owner, #5 $125, #6 $130; 1 car Garage $125; 2 car for owner's use, but could be rented also.
Location
State NY
County Columbia
Rooms
Basement Partial
Interior
Interior Features High Speed Internet
Heating Baseboard, Electric, Forced Air, Hot Water, Kerosene, Oil, Propane
Exterior
Roof Type Asphalt
Building
Foundation Block
Sewer Septic Tank
Water Well
Schools
High Schools Hudson
School District Hudson
Others
Tax ID 151.-1-22