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5635 Route 82

Clinton Corners, NY 12514
  • $795,000
  • STATUS: Active
  • MLS #: H6293201
UPDATED: 51 min ago
$795,000
  • 6
    BEDS
  • 1.86
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 5,272
    SQFT
  • $151
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

Description

Outstanding Investment Opportunity * This countryside setting holds a fully tenanted 4-unit residential building on 1.89 acres. This property also features a cozy 2-bedroom, 1-bath cottage (currently occupied) and a versatile 3-bay steel garage offering additional income potential. Ample parking space for all. Strategically located near the Taconic State Parkway and within a 20-minute drive to both Rhinebeck and Millbrook, this property also enjoys proximity to Amtrak and MetroNorth trains. Blending rural tranquility with accessibility. Pride of ownership shines through with meticulous maintenance: a new roof installed in 2016, modern 1000-gallon concrete septic tanks from 2014, and recent updates to hot water systems (2011 in the main house, 2023 in the cottage) new well pump in 2023 , refurbished chimney with new liner 2024. All units are occupied with current rents positioned below market and suggests a strong upside potential. While utilities for the main house are covered by the owner, cottage residents manage their own, contributing to the overall income generated by this investment. This property currently serves up a 9% cap rate with the potential for increased numbers. Financials available upon request. . Viewings are available to serious buyers / least a 24 hr notice, respecting the privacy and comfort of our tenants. Coin Operated washer/dryer . ****ALL OFFERS are welcome for consideration.*** Call for details.

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© 2024 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2024-11-10T08:18:20.163.
www.thisoldhudsonrealestate.com/homes/148403018
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5635 Route 82 Clinton Corners, NY 12514

  • Price: $795,000
  • Status: Active
  • On Site: Days
  • Updated: 51 min ago
  • MLS #: H6293201
6
Beds
4
Baths
0
½ Baths
1.86
Acres
5,272
SQFT
$151
$/SQFT
1900
Built
Neighborhood:
Stanford
County:
Dutchess
Area:
Stanford
Elementary School:
Seymour Smith Intermediate Lrn Ctr
Middle School:
Stissing Mountain Jr/Sr High School
High School:
Stissing Mountain Jr/Sr High School
School District:
Pine Plains
Property Description
Outstanding Investment Opportunity * This countryside setting holds a fully tenanted 4-unit residential building on 1.89 acres. This property also features a cozy 2-bedroom, 1-bath cottage (currently occupied) and a versatile 3-bay steel garage offering additional income potential. Ample parking space for all. Strategically located near the Taconic State Parkway and within a 20-minute drive to both Rhinebeck and Millbrook, this property also enjoys proximity to Amtrak and MetroNorth trains. Blending rural tranquility with accessibility. Pride of ownership shines through with meticulous maintenance: a new roof installed in 2016, modern 1000-gallon concrete septic tanks from 2014, and recent updates to hot water systems (2011 in the main house, 2023 in the cottage) new well pump in 2023 , refurbished chimney with new liner 2024. All units are occupied with current rents positioned below market and suggests a strong upside potential. While utilities for the main house are covered by the owner, cottage residents manage their own, contributing to the overall income generated by this investment. This property currently serves up a 9% cap rate with the potential for increased numbers. Financials available upon request. . Viewings are available to serious buyers / least a 24 hr notice, respecting the privacy and comfort of our tenants. Coin Operated washer/dryer . ****ALL OFFERS are welcome for consideration.*** Call for details.
Exterior Features

Architectural Style ColonialCottage Attached Garage YN No Construction Materials FrameStoneWood Siding Lot Features Level Other Structures Cottage Parking Features Detached3 Car DetachedAssignedDrivewayParking Lot Parking Total 7 Property Attached YN No View Panoramic View YN Yes

Interior Features

Basement Details Bilco Door(s)FullUnfinished Common Walls No Common Walls Cooling Window Unit(s) Cooling YN Yes Flooring Hardwood Heating OilBaseboardHot Water Hot Water Electric Stand Alone Number Of1 Bedrooms 2 Number Of2 Bedrooms 2

Property Features

Community Features Trash Collection Garbage Removal Private MLSArea Minor 99 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Property Sub Type Multi Family Senior Community YN No Sewer Septic Tank Tax Annual Amount 7078 Tax Annual Amount1 7078 Township Stanford Water Source Well

Listing courtesy of Rebecca Hanlon of Corcoran Country Living: (845) 876-6676
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2024-11-10T08:18:20.163.
 
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This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534