Bought with Keller Williams Hudson Valley North
$670,180
$665,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
6.5 Baths
4,180 SqFt
SOLD DATE : 07/29/2022
Key Details
Sold Price $670,180
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,180 sqft
Price per Sqft $160
MLS Listing ID 142104
Sold Date 07/29/22
Bedrooms 10
Full Baths 6
Half Baths 1
Year Built 1939
Annual Tax Amount $109,587
Lot Size 3.500 Acres
Property Description
Are you looking to expand your real estate portfolio? Welcome to 606-616 Dewitt Mills Rd, a multi-family rental housing complex complete with three detached residential buildings and one 3-unit apartment building with walk out basement; all situated on 3.50 acres of beautiful, wooded land. Historically used as a camp, 606-616 Dewitt Mills Rd still holds that feeling of nostalgia as you meander down the long driveway and enjoy the sounds of the neighboring waterfall and stream. There is a serene pond located on the property, perfect for fishing or just relaxing nearby. A true retreat-like feel, this property could be brought back to its former glory and used as a small camp or kept as a thriving rental investment. The property currently has a cap rate of approximately 13%. Located just minutes to Rosendale, The Rail Trail, Uptown Kingston Stockade District, under 2 hrs to NYC and under 40 min to Amtrak and Metro-North train stations.
Location
State NY
County Ulster
Zoning Residential
Interior
Heating Base Board, Electric, Forced, Propane, Oil
Exterior
Garage Off street
Roof Type Asphalt,Shingle
Building
Foundation Block, Slab, Stone
Sewer Septic Tank
Water Well
Schools
School District Kingston
Others
Financing Cash
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