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Multi Family 2-4 in Dutchess
MLS Number6293201
Address5635 Route 82, Clinton Corners, NY 12514 show map
Price$795,000 show mortgage calculator
Acres1.8600091827365
Year Built1900
Est. Sq. Footage5272
Elementary SchoolSeymour Smith Intermediate Lrn Ctr
Jr High-Middle SchoolStissing Mountain Jr/Sr High School
High SchoolStissing Mountain Jr/Sr High School
Estimated Taxes$7,078
Total Apt Units4
Total Bedrooms6
# 1 Brs2
# 2 Brs2
Remarks

Outstanding Investment Opportunity * This countryside setting holds a fully tenanted 4-unit residential building on 1.89 acres. This property also features a cozy 2-bedroom, 1-bath cottage (currently occupied) and a versatile 3-bay steel garage offering additional income potential. Ample parking space for all. Strategically located near the Taconic State Parkway and within a 20-minute drive to both Rhinebeck and Millbrook, this property also enjoys proximity to Amtrak and MetroNorth trains. Blending rural tranquility with accessibility. Pride of ownership shines through with meticulous maintenance: a new roof installed in 2016, modern 1000-gallon concrete septic tanks from 2014, and recent updates to hot water systems (2011 in the main house, 2023 in the cottage) new well pump in 2023 , refurbished chimney with new liner 2024. All units are occupied with current rents positioned below market and suggests a strong upside potential. While utilities for the main house are covered by the owner, cottage residents manage their own, contributing to the overall income generated by this investment. This property currently serves up a 9% cap rate with the potential for increased numbers. Financials available upon request. . Viewings are available to serious buyers / least a 24 hr notice, respecting the privacy and comfort of our tenants. Coin Operated washer/dryer . ****ALL OFFERS are welcome for consideration.*** Call for details.

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This listing is Courtesy of Corcoran Country Living ((845) 876-6676).

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