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$ 1,590,000
Est. payment | /mo
4 Beds
4 Baths
5,600 SqFt
$ 1,590,000
Est. payment | /mo
4 Beds
4 Baths
5,600 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $283
MLS Listing ID 11666953
Bedrooms 4
Full Baths 4
Annual Tax Amount $32,000
Property Description
Located at 375 Blumel Road in Scotchtown, New York, this exceptional historic multi-family investment property offers a rare opportunity to own a fully restored income-producing asset in the heart of Orange County in New York's Hudson Valley. Originally constructed in 1787 and completely renovated in 2024, the property combines historic architecture with modern upgrades and strong income potential. The building spans approximately 5,600 square feet and features four renovated residential units, each thoughtfully designed with updated kitchens, modern bathrooms, and high-quality finishes while preserving the character of the original structure. Situated on 1.66 acres, the property provides a unique setting with generous parking, open space, and attractive curb appeal while remaining conveniently located near Route 17, Interstate 84, Middletown, and major commuter routes throughout Orange County and the Hudson Valley. In addition to the residential apartments, the property includes five rentable garage units, creating an additional income stream and increasing the overall versatility of the asset. These conditioned garage spaces can be used for storage, hobby space, workshops, or small business uses, making them highly attractive to tenants seeking flexible workspace or vehicle storage. Following the extensive 2024 renovation, the property offers a turnkey opportunity for investors seeking a multi-family rental property in Orange County NY, with modernized interiors, improved systems, and strong long-term income potential. With its combination of historic charm, modern renovation, multiple income streams, and prime Hudson Valley location, this property presents an outstanding opportunity for investors, 1031 exchange buyers, or those seeking a unique income-producing property in Scotchtown, NY. Financials available upon request.
Location
State NY
County 36071
Rooms
Dining Room 0
Kitchen 0
Interior
Furnishings 1
Exterior
Parking Features Detached
Garage Spaces 5.0
Building
Story 2
Water Municipal
Structure Type Frame
NEARBY SCHOOL & BUSINESS