$370,000
$398,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1.09 Acres Lot
SOLD DATE : 10/12/2023
Key Details
Sold Price $370,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYM416406
Sold Date 10/12/23
Originating Board onekey2
Rental Info No
Year Built 1960
Annual Tax Amount $3,034
Lot Size 1.090 Acres
Acres 1.09
Property Description
This is an excellent opportunity to either grow your portfolio or begin. Yes we need some cosmetic work. The structure and mechanicals are all sound. This is 4 apartments plus an accessory unit, 1 2 bedroom, 3 1 bedrooms and a studio. Plus a 3 car garage. The income property sits on slightly over an acre of land offering a open treed lot and plenty of room for tenant parking. The units include, heat and hot water at their current rent. All the rents are dramatically below market value. Slow and steady increases in the rent roll and a solid vision on the charming old home/apartment building being offered below market value will yield great tenancy and an asset to your Real Estate investment portfolio for the life of your investing timeline. Please 24 hours advanced notice to show. This is a terrific price for todays high priced multi-family environment. Price reflects some needed TLC.. Building sold AS IS....Showing WEEKDAYS should be after 4:30 for best results,ExteriorFeatures:Outside Lighting,Storm Doors,FLOORING:Vinyl,Wood,FOUNDATION:Brick,Stone,ROOF:Asphalt Shingles,Slate,Unfinished Square Feet:1626,EQUIPMENT:Smoke Detectors,AboveGrade:3063,OwnerPays:Fire Insurance,Garbage/Trash,Oil,Taxes,Maintenance,Electric Expense:1600,Below Grnd Sq Feet:1626
Location
State NY
County Dutchess County
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Cooling None
Fireplace No
Exterior
Garage Off Street
Building
Lot Description Level
Water Drilled Well
Structure Type Frame,HardiPlank Type,Wood Siding
Schools
Elementary Schools North Park Elementary School
Middle Schools Haviland Middle School
High Schools Franklin D Roosevelt Senior Hs
School District Hyde Park
Others
Senior Community No
Special Listing Condition None
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