Rosendale Real Estate

MLS Number 20211278

• MultiFamily Multi-Unit
• MlsStatus ACTIVE
• Year Built 1939

Calling all investors! Do not let this amazing opportunity pass you by! Where else can you make 8.8% on your money? Wonderful living conditions in delightful Rosendale, this property used to be a camp many years ago and still has that getaway feeling. Operates as a 6 unit has possible camp / BnB potential/ family compound/ Perfect for a group of friends or single investor. Substantial road frontage, each unit is privately sited 1-3 unit, 2 cottages, 1 manufactured home, pond, woods, minutes to Rosendale minutes to the Rail Trail minutes to Uptown Kingston. Please see associated docs.

Listed by Mary Orapello, Murphy Realty Group

MLS Number 20211425

• MultiFamily Multi-Unit
• MlsStatus ACTIVE
• Style COTTAGE
• Year Built 1920

Super centrally located in Rosendale (and, super easy with municipal water & sewer), this property features a 3-bed / 1-bath house and 2 additional 1-bed / 1-bath cottages and would be ideally suited for someone wanting to live in the main house while generating income from the 2 cottages (or, using for guests) or for anyone looking for a multi-family investment property. The three buildings sit on 5 acres across from the Rondout Creek and include plenty of parking adjacent to the main house and in the area between the house and the cottages. The main house (1,184 sq ft) includes a living room and open kitchen on one end of the house and one bedroom on the other end with potential to open up the ground floor bedroom and increase the living space on the ground floor. The main entry to the house is in the front with an additional entry in the back which opens out to the rear yard. Upstairs, two bright bedrooms with wide plank wood flooring sit on opposite ends of the home with a full bathroom in between. Cottage #584 (638 sq ft) is the smaller of the two additional cottages and includes a generous wood deck. The layout consists of a kitchen at the entry that flows into the dining space and into the adjacent living room area. Completing the layout is a large full bathroom and bedroom which is bright and has glass doors that open out to a small yard behind the cottage - an ideal spot for a small patio or garden. Cottage #582 (661 sq ft) sits right on the road and is the larger of the two additional cottages with a its layout spread over two floors. The ground floor includes the living, dining, and kitchen, has wood flooring and beams throughout, and includes a fireplace with a gas line connection (perfect for a gas stove insert). A bedroom and full bathroom are on the second floor and a convenient stacked washer/dryer hookup that lives in a closet at the entry. The walkout basement is clean and dry and adds a lot of additional storage. Perfectly situated just 1 minute from all of the shops, restaurants, movie theater, and farmer's market right on Main Street and the Rosendale Trestle and Wallkill Valley Rail Trail as well as hiking at the Mohonk Preserve Giant's Ledges. The property is just 5 minutes to more great restaurants and shops in High Falls, 10 minutes to Stone Ridge and New Paltz, 15-20 minutes to Kingston, all of the popular farm-to-table spots in Kerhonkson & Accord, more hiking at Minnewaska State Park, and just 90 minutes to NYC (and only a 5-min drive to the frequent Trailways bus to/from the city!). Current tenants are paying below market rents. The projected gross income for a full-time Airbnb with 75% occupancy would be close to $150,000 (22.9% cap rate) with potential for more income with just a few cosmetic updates. For a long-term unfurnished rental, it would be approximately $52,200 (7% cap rate) and with fewer costs and maintenance. Happy to provide more information regarding projected income and expenses to any interested parties!

Listed by Megan Brenn-White, Keller Williams Realty HV Nort

MLS Number 20211424

• Residential Single Family
• Lfd Style COTTAGE
• MlsStatus ACTIVE
• Property Style Other
• Square Feet 2,483

Super centrally located in Rosendale (and, super easy with municipal water & sewer), this property features a 3-bed / 1-bath house and 2 additional 1-bed / 1-bath cottages and would be ideally suited for someone wanting to live in the main house while generating income from the 2 cottages (or, using for guests) or for anyone looking for a multi-family investment property. The three buildings sit on 5 acres across from the Rondout Creek and include plenty of parking adjacent to the main house and in the area between the house and the cottages. The main house (1,184 sq ft) includes a living room and open kitchen on one end of the house and one bedroom on the other end with potential to open up the ground floor bedroom and increase the living space on the ground floor. The main entry to the house is in the front with an additional entry in the back which opens out to the rear yard. Upstairs, two bright bedrooms with wide plank wood flooring sit on opposite ends of the home with a full bathroom in between. Cottage #584 (638 sq ft) is the smaller of the two additional cottages and includes a generous wood deck. The layout consists of a kitchen at the entry that flows into the dining space and into the adjacent living room area. Completing the layout is a large full bathroom and bedroom which is bright and has glass doors that open out to a small yard behind the cottage - an ideal spot for a small patio or garden. Cottage #582 (661 sq ft) sits right on the road and is the larger of the two additional cottages with a its layout spread over two floors. The ground floor includes the living, dining, and kitchen, has wood flooring and beams throughout, and includes a fireplace with a gas line connection (perfect for a gas stove insert). A bedroom and full bathroom are on the second floor and a convenient stacked washer/dryer hookup lives in a closet at the entry. The walkout basement is clean and dry and adds a lot of additional storage. Perfectly situated just 1 minute from all of the shops, restaurants, movie theater, and farmer's market right on Main Street and the Rosendale Trestle and Wallkill Valley Rail Trail as well as hiking at the Mohonk Preserve Giant's Ledges. The property is just 5 minutes to more great restaurants and shops in High Falls, 10 minutes to Stone Ridge and New Paltz, 15-20 minutes to Kingston, all of the popular farm-to-table spots in Kerhonkson & Accord, more hiking at Minnewaska State Park, and just 90 minutes to NYC (and only a 5-min drive to the frequent Trailways bus to/from the city!). Current tenants are paying below market rents. The projected gross income for a full-time Airbnb with 75% occupancy would be close to $150,000 (22.9% cap rate) with potential for more income with just a few cosmetic updates. For a long-term unfurnished rental, it would be approximately $52,200 (7% cap rate) and with fewer costs and maintenance. Happy to provide more information regarding projected income and expenses to any interested parties!

Listed by Megan Brenn-White, Keller Williams Realty HV Nort

MLS Number 20210494

• Residential Single Family
• Lfd Style TWO STORY
• MlsStatus ACTIVE
• Property Style Two Story
• Square Feet 1,872

With interest rates so low and inventory so tight the thoughts of building a new home are enticing. This is your lucky day. Finish this beauty just the way you want it. Perched on a knoll with seasonal views at the end of the town road you'll find this two story custom build. SOOO much has been done for you and done very well. The site was cleared, heavy stone drive installed, well drilled, septic and power were installed. The full ICF poured walk out basement is 1,300' sq ft and consists of an over sized garage, utility room and a good sized bonus room. A forced hot air American Standard air handler and heat pump combo make the heat and a/c here. Most of the trunk work for it is done as well. A two hundred amp electric service has been brought into the house panel. The house is entirely framed out for 1,872 sq ft of living space upstairs. Exterior is basically done aside from some work on the porches. Looks like most of the sheet rock is there as well. Exterior is weather tight and consists of life time shingles and vinyl siding. Right next door is another available 1.5 acre building lot with BOHA.

Listed by Bruce Stalnaker, Coldwell Banker Village GreenN

MLS Number 20211097

• Commercial Restaurant
• MlsStatus ACTIVE
• Square Feet 2,608
• Year Built 1975
• Address 1 Madeline Lane

Here is your chance to create your dream in one of the most beloved and visible restaurant locations in Ulster County. This prime location on route 32 was formerly Market Market, a hipster hub that helped to create the local music and food scene. Ready for it's next incarnation, this beloved venue boasts ample parking and killer visibility, allowing its new owner to capitalize and build on the dynamic food and culture scene. The building boasts a new stone back bar, designed by Joseph Foglia (the same designer as Brooklyn's Marlowe and Sons, Dumont, Dressler and locally, Bread alone and the Phoenicia Diner). The large stone front patio allows for epic afternoons in the sunshine and keeps your business in sight. Inside the soaring ceilings and exposed post and beams are accented by vintage globe lights and 22 custom concrete tables. The building includes many of the expected bells and whistles, radiant flooring, walkin refrigerator and freezer, full bar set up and commercial kitchen make this worth seeing.

Listed by Kathleen Griffin, Coldwell Banker Village GreenK

MLS Number 20210476

• Land Residential
• MlsStatus ACTIVE

Mortgage rates are so low and housing inventory so thin. It's time to consider building just what you want. Three contiguous lots have just came on the market and they offer wooded home sites on a private road at the end of the town road. This lot borders Creek Locks Rd as well but access will now be from the private road, along the edge of lot 2. The home site is on a shelf on the side of the hill as are both septic areas. Great spot for a walk out basement. Previous septic approval was for a shallow trench system. The private road will service four homes and the first home is being built on lot 1. There will be a RMA for the access road. This lot is made up of two SBL #'s. 63.9-2-17.3 in Rosendale and 63.5-2-13.12 in Town of Ulster. Taxes shown are both lots combined. See MLS # 20210477 for the contiguous 1.6 acre lot and 20210493 for contiguous 1.7 acre lot. Owner working to have the assessment on this lot lowered.

Listed by Bruce Stalnaker, Coldwell Banker Village GreenN