1793-1789 State 44/55 Route

Description

Rare opportunity to purchase a charming 3BR Hudson Valley home, with two rented detached 2BR apartments to offset expenses. The main house is a well-maintained Cape Cod-style home, with 3 bedrooms, one bathroom, large living room, dining room, sun porch, and fireplace. Full basement with laundry hook ups. Nice 1.8-acre lot, with large lawn, ample parking, and a bald eagle nest next door. Convenient location near Hannaford Grocery Store in the hamlet of Modena short 5-minute drive to Gardiner and 10-minute drive to New Paltz. Both of the apartments are handicap-accessible and leased month-to-month to long-term tenants, with below-market rents of $1,200 and $985 per month. The main house is currently leased through 5/23/23 at $1,780 per month tenants will be vacating at the end of their term, leaving the house available to be occupied by a buyer or leased at a higher rent. The property also includes a historic 2-story barn/garage that was leased until recently for $450/mo could be re-leased, or used by buyer for their own use. There's also a small workshop between the barn and the apartments. The property can be purchased as an investment property, or as a personal home with income-producing apartments and storage.