UPDATED:
Key Details
Property Type Multi Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1016390
Bedrooms 7
Rental Info No
Year Built 1950
Annual Tax Amount $8,239
Lot Size 1.820 Acres
Acres 1.82
Property Sub-Type Triplex
Source onekey2
Property Description
The property features three separate living spaces, including a spacious four-bedroom main residence occupying the first and second floors, a one-bedroom basement apartment with an additional office, and a detached two-bedroom cottage. The cottage is currently occupied and generating rental income, providing immediate cash flow for the next owner.
The main house and basement apartment are currently vacant, offering an excellent opportunity for an investor or owner-occupant to renovate and maximize the property's income potential. While the basement apartment will require updates, the existing rental income from the cottage can help offset carrying costs while improvements are made to the other units.
One of the property's standout features is the detached cottage's separate entrance, creating a private, stand-alone home feel that is highly attractive to tenants. The property also offers a generously sized yard and ample outdoor space.
Whether you're looking to renovate and reposition all three units for increased rental income or create a long-term income-producing asset, this property presents tremendous upside in a sought-after commuter-friendly location. First showings see the main house. This Property is being sold as is.
Location
State NY
County Dutchess County
Rooms
Basement Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer
Heating Oil
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Electricity Available, Electricity Connected
Garage false
Building
Sewer Septic Tank
Water Private
Structure Type Frame
Schools
Elementary Schools Gayhead
Middle Schools Van Wyck Junior High School
High Schools Wappingers
School District Wappingers
Others
Senior Community No
Special Listing Condition None
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716