5635 Route 82 Active Save Request In-Person Tour Request Virtual Tour
Clinton Corners,NY 12514
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,272 sqft
Price per Sqft $150
MLS Listing ID H6293201
Style Colonial,Cottage
Bedrooms 6
Full Baths 4
Originating Board onekey
Rental Info No
Year Built 1900
Annual Tax Amount $7,078
Lot Size 1.860 Acres
Acres 1.86
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.
Location
State NY
County Dutchess
Rooms
Basement Bilco Door(s),Full,Unfinished
Interior
Heating Oil,Baseboard,Hot Water
Cooling Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Garage Detached,3 Car Detached,Assigned,Driveway,Parking Lot
Garage Spaces 3.0
View Y/N Yes
View Panoramic
Parking Type Detached,3 Car Detached,Assigned,Driveway,Parking Lot
Total Parking Spaces 7
Garage true
Building
Lot Description Level
Sewer Septic Tank
Water Well
Structure Type Frame,Stone,Wood Siding
Schools
Elementary Schools Seymour Smith Intermediate Lrn Ctr
Middle Schools Stissing Mountain Jr/Sr High School
High Schools Stissing Mountain Jr/Sr High School
School District Pine Plains
Others
Senior Community No
Special Listing Condition None