Welcome to a prime investment opportunity! This two-unit property is perfect for investors looking to maximize rental income and capitalize on the growing demand for rental properties in the area. The property consists of two units: a well-maintained 1-bedroom unit and a 3-bedroom unit in need of some renovation. Unit 1 is a 1-bedroom unit that has been meticulously maintained and offers a comfortable and modern living space. With recent renovations, including a new kitchen and bathroom, it provides tenants with a turnkey experience. The new windows and updated insulation enhance energy efficiency and comfort, while the new interior doors add to the overall aesthetics of the unit. This unit is currently rented, providing a steady stream of income from day one. Unit 2 is a spacious 3-bedroom unit with incredible potential. While it currently requires renovation, this presents a fantastic opportunity for investors to customize and improve the unit according to their vision. A renovation project requires the installation of a new kitchen and bathroom, transforming this unit into a highly desirable living space for future tenants. The property benefits from recent upgrades, including a new roof, boiler, and baseboard heating for the upper floor. Don't miss your chance to seize this investment property with the potential for a strong return on investment.
Location/Town | Shawangunk |
Area/County | Ulster |
Post Office/Postal City | Pine Bush |
Prop. Type | Two Family House for Sale |
Style | Bi-Level |
Tax | $6,700.00 |
Bedrooms | 4 |
Total Baths | 2 |
Full Baths | 2 |
Year Built | 1968 |
Construction | Frame |
Total Units | 2 |
Lot SqFt | 36,686 |
Cooling | None |
Heat Source | Electric, Oil, Baseb |
Patio | Deck |
Lot Features | Part Wooded |
Parking Features | Attached, 1 Car Attached, Driveway, Underground |
Tax Assessed Value | 40250 |
Units | 2 |
School District | Pine Bush |
Middle School | Crispell Middle School |
Elementary School | Pine Bush Elementary School |
High School | Pine Bush Senior High School |
Listing information courtesy of: Cronin & Company Real Estate |