100118 South Rd

Description

THIS IS A RARE OPPORTUNITY TO OWN A VERY UNIQUE PROPERTY IN THE MILLBROOK SCHOOL DISTRICT. ORIGINALLY PART OF THE MOST DIVERSE CATTLE FARM IN THE US AND THE LARGEST CATTLE FARM IN DUTCHESS COUNTY. THE MAIN HOME WAS FORMERLY KNOWN AS THE LYNFIELD MANSION AND WAS BUILT FOR MR.& MRS.HAM IN 1871 WHO WERE PROMINENT MEMBERS OF THE COMMUNITY AND IT WAS ONE OF THE MOST MODERN AND LUXURIOUS FARMHOUSES IN THE HUDSON VALLEY. THIS HOME HAS ENDLESS POSSIBILITIES, SITUATED ON 23 MOSTLY LEVEL ACRES WITH SOME BEAUTIFUL MATURE TREES. PROPERTY HAS TWO ENTRANCES, ONE LEADS TO THE MAIN HISTORIC HOME WHICH WAS BUILT IN 1821. HOME IS NOW DIVIDED INTO THREE APARTMENTS (ONE FOUR BEDROOM UNIT AND 2 THREE BEDROOM UNITS) BUT OWNER STILL MANAGED TO KEEP THE INTEGRITY OF THE HOME INTACT SO THAT IF SOMEONE WANTED TO RESTORE HOME BACK TO IT'S ORIGINAL GRANDEUR AS A MAIN RESIDENCE IT WOULD BE EASY AS MOST ORIGINAL FEATURES WERE MAINTAINED AND ALSO HAVE A RENTAL INCOME FROM DUPLEX WHICH HAS 2 TWO BEDROOM UNITS AND COTTAGE WITH ADDITIONAL TWO BEDROOMS. THE STAIRS AS YOU ENTER THE FOYER IN THE MAIN RESIDENCE IS ABSOLUTELY MAFNIFICANT. HOME HAS SEVERAL OF THE ORIGINAL MARBLE FIREPLACES, BUILT-INS ETC. ROOF AND WINDOWS IN MAIN RESIDENCE WERE REPLACED IN THE LAST 10 YEARS. COTTAGE AND DUPLEX CAN BE ACCESSED FROM SECOND ENTRANCE OFF MAIN ROAD. THERE IS ALSO A LARGE SHED/GARAGE OVER 3200 SQ FT ON PROPERTY. ALL UNITS ARE FULLY RENTED BUT RENTALS DO NOT REFLECT CURRENT MARKET CONDITIONS. THERE IS A HUGE UPSIDE FOR RENTALS.