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Listed by Laurel Sweeney, Berkshire Hathaway Homeservices Nutshell Realty

Sold by Richard Vizzini, Corcoran Country Living
Investment opportunity on popular Main Street in Rosendale! This multi-family house has 4 separate units, all of which are currently occupied by tenants who would like to stay. All units are one-bedroom, one bath, differing in size. Some features include wood floors, large windows, newer kitchen cabinets and tub/shower combo in bathrooms. Also included is off street parking with shared driveway and a shared backyard, both maintained by current owner. Conveniently located between Kingston and New Paltz, on the UCAT bus route, walking distance to Trailways Bus stop as well as many great restaurants, the Rosendale Theatre and other shops on Main Street. Cap rate based on current rate is 7, rents are under market value and could easily be increased, improving the cap rate to at least 10%.

More Info

Basic Information

  • Acreage0.21
  • List Price$369,000
  • MLS Number20230731
  • MlsStatusSOLD
  • Property TypeMulti-Unit
  • Sale Price$350,000
  • SewerMUNICIPAL
  • StyleOTHER
  • TermsTO QUAL. BUYER
  • Unit 2 SqFt575
  • Unit 3 SqFt500
  • Unit 4 SqFt275
  • Units4
  • Year Built1965

Amenities

  • Other AmenitiesBasement, Fireplace

Other

  • Lot35
  • Lot Dimensions0.21 acres
  • Lot FeaturesLEVEL
  • Lot SiteHAMLET/VILLAGE
  • PlumbingMIXED
  • View Count22

Location

  • Address296 Main Street
  • Area TownROSENDALE
  • Building Number296
  • High School DistrictRondout Valley Schools
  • StateNY
  • StreetMain Street
  • TownRosendale
  • Zip12472
  • ZoneR3

Interior

  • FloorsCERAMIC, VINYL, WOOD
  • Unit 1 Baths1
  • Unit 1 Bedrooms1
  • Unit 2 Baths1
  • Unit 2 Bedrooms1
  • Unit 3 Baths1
  • Unit 3 Bedrooms1
  • Unit 4 Baths1
  • Unit 4 Bedrooms1

Building

  • AtticWALK UP
  • BasementFULL
  • ConstructionFRAME/STICK
  • Garage Capacity
  • Garage Parking ExtrasDRIVEWAY-SHARED, OFF STREET
  • Garage TypeNone
  • RoofASPH SHINGLE
  • SidingVINYL
  • Unit 1 Rent$1025
  • Unit 1 SqFt600

Utilities

  • Heat SourceBASEBOARD, HOT WATER
  • Heating FuelOIL

Water Body

  • Lfd WaterMUNICIPAL

Rosendale, NY Demographics

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Rosendale, NY Real Estate Market Data

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Rosendale, NY Schools

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