Multi Family 5+ in Ulster County
| MLS Number | 1044242 |
|---|---|
| Address | 29-45 Ridge Road, Marlboro, NY 12542 show map |
| Price | $1,750,000 show mortgage calculator |
| Acres | 6.3899908172635 |
| Year Built | 1940 |
| Est. Sq. Footage | 0 |
| Elementary School | Marlboro Elementary School |
| Jr High-Middle School | Marlboro Middle School |
| High School | Marlboro Central High School |
| Estimated Taxes | $20,724 |
| Total Apt Units | 5 |
First time offered--Generational sale. The most sought after location in the rolling hills of Marlboro nestled amongst the working apple orchards and vineyards of the Hudson Valley. This esteemed property boasts 2 main residences, one with 2 car garage/storage and the second with an expanded barn/garage and storage area all set on 6.4 acres. The cottages and homes have been consistently rented for over 50 years with an owner who has preserved and maintained the integrity of the property and its structures. All major mechanicals have been replaced, metal roof installed, the grounds impeccably cared for and new blacktop access driveway and parking areas. There is potential for more rental income and currently the five units generate a substantial cash flow. Possible to add a sixth unit, all self-contained and zoned for multiple uses. Located in the heart of New York's apple country, surrounded by local activities, events and tourists that would accommodate hospitality use and all year-round tenancies. Great for owner occupancy and substantial rental income to offset. Call for your personal preview of this magnificent property today.
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