Skip To Content

3191 Route 23

Hillsdale, NY 12529
  • $1,200,000
  • STATUS: Active
  • MLS #: 20255422
UPDATED: 54 min ago
$1,200,000
  • 0
    BEDS
  • 6.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,880
    SQFT
  • $417
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

Beautifully Updated 6-Unit Investment Property in Hillsdale, NY! A turn-key opportunity in the heart of the Hudson Valley, this fully renovated 6-unit apartment building offers modern efficiency and low-maintenance living for tenants and owners alike. Each unit features 2 bedrooms and 1 bath, with bright interiors, private screened porches, and comfortable layouts. Each unit has its own separate electric meter, electric hot water heater and electric heat. Cap rate at asking price when fully rented will be 9.70. Recent upgrades include a brand-new septic system, new municipal water service, and a freshly paved drivewayâ€''providing peace of mind for years to come. The exterior has been fully refinished with contemporary dark siding, crisp white trim, and bold red doors for a clean, modern aesthetic that stands out beautifully against the wooded backdrop. Located just minutes from the charming center of Hillsdale, this property offers excellent rental potential in a strong and steadily growing housing market near Catamount Ski Area, Great Barrington, and the Berkshires. Nestled in the scenic hills of Columbia County, Hillsdale blends small-town charm with outdoor adventureâ€''just over two hours from New York City. Residents and visitors alike enjoy hiking at Bash Bish Falls, skiing at Catamount, and exploring local cafés, farm markets, and art galleries in town. With its low-maintenance appeal, strong rental performance, and highly desirable location, this property makes an ideal addition to any investor's portfolio or a peaceful weekend retreat in the heart of the Hudson Valley.

Monthly Payment Calculator

© 2026 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than This Old Hudson Team at Houlihan Lawrence are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2026-04-10T06:53:16.763
www.thisoldhudsonrealestate.com/homes/169432477
Print Image

3191 Route 23 Hillsdale, NY 12529

  • Price: $1,200,000
  • Status: Active
  • On Site: Days
  • Updated: 54 min ago
  • MLS #: 20255422
0
Beds
0
Baths
0
½ Baths
6.1
Acres
2,880
SQFT
$417
$/SQFT
1970
Built
Neighborhood:
Hillsdale
County:
Columbia
Area:
Hillsdale
School District:
Taconic Hills Central Schools
Property Description
Beautifully Updated 6-Unit Investment Property in Hillsdale, NY! A turn-key opportunity in the heart of the Hudson Valley, this fully renovated 6-unit apartment building offers modern efficiency and low-maintenance living for tenants and owners alike. Each unit features 2 bedrooms and 1 bath, with bright interiors, private screened porches, and comfortable layouts. Each unit has its own separate electric meter, electric hot water heater and electric heat. Cap rate at asking price when fully rented will be 9.70. Recent upgrades include a brand-new septic system, new municipal water service, and a freshly paved drivewayâ€''providing peace of mind for years to come. The exterior has been fully refinished with contemporary dark siding, crisp white trim, and bold red doors for a clean, modern aesthetic that stands out beautifully against the wooded backdrop. Located just minutes from the charming center of Hillsdale, this property offers excellent rental potential in a strong and steadily growing housing market near Catamount Ski Area, Great Barrington, and the Berkshires. Nestled in the scenic hills of Columbia County, Hillsdale blends small-town charm with outdoor adventureâ€''just over two hours from New York City. Residents and visitors alike enjoy hiking at Bash Bish Falls, skiing at Catamount, and exploring local cafés, farm markets, and art galleries in town. With its low-maintenance appeal, strong rental performance, and highly desirable location, this property makes an ideal addition to any investor's portfolio or a peaceful weekend retreat in the heart of the Hudson Valley.
Exterior Features

Exterior Features Lighting Fencing [] Foundation Details Block Lot Features [] Road Frontage Type [] Road Surface Type Paved Roof [] Waterfront Features [] Waterfront YN No

Interior Features

Appliances RefrigeratorRangeElectric Range Basement ApartmentStorage SpaceWalk-Out Access Construction Materials [] Cooling None Cooling YN No Electric 100 Amp Service200+ Amp Service Flooring Ceramic TileLaminateLuxury VinylWoodOther Heating BaseboardElectricSeparate Meters Heating YN Yes

Property Features

Accessibility Features Yn No Building Features [] Business Type [] Current Use Multi-Family Flood Plain No General Tax 3657 Insurance Expense 8448 Listing Terms [] Lot Size Dimensions Irregular Net Operating Income 116447.71 Other Structures [] Owner Pays [] Property Sub Type Other School Tax 6250 Security Features [] Sewer [] Special Listing Conditions [] Structure Type [] Tax Annual Amount 11022 Tax Assessed Value 600000 Tax Block 2 Tax Lot 23 Tenant Pays Cable TVElectricityTelephone Township Hillsdale Utilities [] Village Tax 0 Water Source []

[Hudson Valley Catskill Region MLS] logo© 2026 by Hudson Valley Catskill Region MLS.
Listing # 20255422 provided courtesy of Gregory Berardi of Berardi Realty: 845-201-1111.
© 2026 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than This Old Hudson Team at Houlihan Lawrence are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2026-04-10T06:53:16.763
 
https://bt-photos.global.ssl.fastly.net/ulster/1280_boomver_1_20255422-2.jpg https://bt-photos.global.ssl.fastly.net/ulster/1280_boomver_1_20255422-2.jpg https://bt-photos.global.ssl.fastly.net/ulster/1280_boomver_1_20255422-2.jpg
Logo
This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534