Multi Family 2-4 in Dutchess County
| MLS Number | 923911 |
|---|---|
| Address | 553 Hosner Mountain Road, Stormville, NY 12582 show map |
| Price | $875,000 show mortgage calculator |
| Acres | 3 |
| Year Built | 1949 |
| Est. Sq. Footage | 0 |
| Elementary School | Kent Elementary |
| Jr High-Middle School | George Fischer Middle School |
| High School | Carmel High School |
| Estimated Taxes | $12,105 |
| Total Apt Units | 2 |
| Total Bedrooms | 3 |
| # 3 Brs | 1 |
AMAZING OWNER OCCUPIED OR INVESTMENT OPPORTUNITY! In the heart of Stormville is a 2-story mixed-use Ranch style building-(ground floor warehouse, 2nd floor office and 1BR apartment) and an updated 2 BR cottage on four acres total spread over 2 parcels. Amazing location just off NY-52, less than 5mi to I-84. Currently all units are below-market rents, with Pro Forma NOI greater than $75,000. Warehouse/office is on a short-term lease and could vacate within 30 days, which presents an opportunity for a contractor (GC, HVAC, pest control, flooring, etc.) to occupy the entire warehouse and utilize the large gravel lot for outdoor storage. Property is zoned R-2, and warehouse/storage is a continued permitted use. Whole house generator, updated electric. Separate electric meters and septics for cottage and office/warehouse/apartment.
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