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Multi Family 2-4 in Dutchess County
MLS Number1016390
Address109 Shenandoah Road, Hopewell Junction, NY 12533 show map
Price$595,000 show mortgage calculator
Acres1.8199954086318
Year Built1950
Est. Sq. Footage0
Elementary SchoolGayhead
Jr High-Middle SchoolVan Wyck Junior High School
High SchoolJohn Jay Senior High School
Estimated Taxes$8,239
Total Apt Units3
Total Bedrooms7
# 1 Brs1
# 2 Brs1
# 4 Brs1
Remarks

Don't miss this unique multi-unit investment opportunity in a highly desirable location with convenient access to Interstate 84 and the Taconic State Parkway. The property features three separate living spaces, including a spacious four-bedroom main residence occupying the first and second floors, a one-bedroom basement apartment with an additional office, and a detached two-bedroom cottage. The cottage is currently occupied and generating rental income, providing immediate cash flow for the next owner. The main house and basement apartment are currently vacant, offering an excellent opportunity for an investor or owner-occupant to renovate and maximize the property's income potential. While the basement apartment will require updates, the existing rental income from the cottage can help offset carrying costs while improvements are made to the other units. One of the property's standout features is the detached cottage's separate entrance, creating a private, stand-alone home feel that is highly attractive to tenants. The property also offers a generously sized yard and ample outdoor space. Whether you're looking to renovate and reposition all three units for increased rental income or create a long-term income-producing asset, this property presents tremendous upside in a sought-after commuter-friendly location. First showings see the main house. Please contact me if your interested.

Amenities

Eat-in Kitchen

This listing is Courtesy of Sams Realty ().

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