Active
Listing Tools
Listed by Matthew Eyler, New Paltz Properties
Rare opportunity to purchase a charming 3BR Hudson Valley home, with two rented detached 2BR apartments to offset expenses. The main house is a well-maintained Cape Cod-style home, with 3 bedrooms, one bathroom, large living room, dining room, sun porch, and fireplace. Full basement with laundry hook ups. Nice 1.8-acre lot, with large lawn, ample parking, and a bald eagle nest next door. Convenient location near Hannaford Grocery Store in the hamlet of Modena - short 5-minute drive to Gardiner and 10-minute drive to New Paltz. Both of the apartments are handicap-accessible and leased month-to-month to long-term tenants, with below-market rents of $1,200 and $985 per month. The main house is currently leased through 5/23/23 at $1,780 per month - tenants will be vacating at the end of their term, leaving the house available to be occupied by a buyer or leased at a higher rent. The property also includes a historic 2-story barn/garage that was leased until recently for $450/mo - could be re-leased, or used by buyer for their own use. There's also a small workshop between the barn and the apartments. The property can be purchased as an investment property, or as a personal home with income-producing apartments and storage. Great opportunity for a FHA buyer.
More Info
Basic Information
- Acreage1.8
- List Price$499,000
- MLS Number20230993
- MlsStatusACTIVE
- Property Type3 Family
- SewerSEPTIC-INGR.
- Unit 2 SqFt900
- Unit 3 SqFt900
- Units3
- Year Built1950
Amenities
- Other AmenitiesBasement, Fireplace
Water Body
- Lfd WaterDRILLED WELL
Other
- Lot13
- Lot Dimensions1.8 Acres
- Short SaleNo
- View Count7
Location
- Address1793-1789 State 44/55 Route
- Area TownPLATTEKILL
- Building Number1793-1789
- High School DistrictWallkill Central
- StateNY
- StreetState 44/55
- TownModena
- Zip12548
- ZoneRS1
Utilities
- Heat SourceBASEBOARD
- Heating FuelOIL
- Hot WaterOIL
Legal
- Annual Expenses$19,270
- ForeclosureNo
- General Tax$2,523
- School Tax$7,179
- Total Taxes9702
Building
- BasementFULL
- Garage Capacity2
- Garage TypeGarage Detached
- Unit 1 Rent1780
- Unit 1 SqFt1440
Interior
- Fireplace DescriptionBRICK, GAS
- Fireplace LocationLIVING ROOM
- Unit 1 Baths1
- Unit 1 Bedrooms3
- Unit 2 Baths1
- Unit 2 Bedrooms2
- Unit 3 Baths1
- Unit 3 Bedrooms2
20230993
Modena, NY Demographics
4A61D2
There is no data available
20230993
Modena, NY Real Estate Market Data
4A61D2FF9900DC3912
There is no data available
20230993
Modena, NY Schools
| School Name | Distance | Type | Grades |
|---|---|---|---|