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296 Main Street

Rosendale, NY 12472
  • $399,000
  • STATUS: ACTIVE
  • MLS #: 20214057
$399,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Ratings & Info

School District:

Description

Investment opportunity on popular Main Street in Rosendale! This multi-family house has 4 separate units, all of which are currently occupied by tenants who would like to stay. All units are one-bedroom, one bath, differing in size. Some features include wood floors, large windows, newer kitchen cabinets and tub/shower combo in bathrooms. Also included is off street parking with shared driveway and a shared backyard, both maintained by current owner. Conveniently located between Kingston and New Paltz, on the UCAT bus route, walking distance to Trailways Bus stop as well as many great restaurants, the Rosendale Theatre and other shops on Main Street. Cap rate based on current rate is 5.8, rents are under market value and could easily be increased, improving the cap rate to at least 7.2%.

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© 2021 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2021-12-04T00:18:25.15
www.barbaracarterteam.com/homes/123014027
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296 Main Street Rosendale, NY 12472

  • Price: $399,000
  • Status: ACTIVE
  • On Site: Days
  • MLS #: 20214057
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1965
Built
Neighborhood:
Rosendale
County:
Ulster County
Area:
Rosendale
School District:
Rondout Valley Schools
Property Description
Investment opportunity on popular Main Street in Rosendale! This multi-family house has 4 separate units, all of which are currently occupied by tenants who would like to stay. All units are one-bedroom, one bath, differing in size. Some features include wood floors, large windows, newer kitchen cabinets and tub/shower combo in bathrooms. Also included is off street parking with shared driveway and a shared backyard, both maintained by current owner. Conveniently located between Kingston and New Paltz, on the UCAT bus route, walking distance to Trailways Bus stop as well as many great restaurants, the Rosendale Theatre and other shops on Main Street. Cap rate based on current rate is 5.8, rents are under market value and could easily be increased, improving the cap rate to at least 7.2%.
Exterior Features

Construction Frame/Stick Driveway Blacktop Garage Parking Extras Driveway-SharedOff Street Garage Type None Lot Features Level Roof Asph Shingle Siding Vinyl

Interior Features

Attic Walk Up Basement Full Floors CeramicVinylWood Heat Source BaseboardHot Water Heating Fuel Oil Interior Features Cable Available Plumbing Mixed

Property Features

General Tax 2830 Listing Type Exclusive Right Lot Dimensions 0.21 Acres Owner Pays Oil Owner Pays1 InsuranceMaintenanceOilRepairsTaxesTrash School Tax 4265 Sewer Municipal Style Other Tenant Pays Electric Tenant Pays1 ElectricSewerWater Terms To Qual. Buyer Total Taxes 7095 Type Multi-Unit Unit1 Baths 1 Unit1 Bedrooms 1 Unit1 Rent $975 Unit1 Sqft 600 Unit2 Baths 1 Unit2 Bedrooms 1 Unit2 Rent $950 Unit2 Sqft 575 Unit3 Baths 1 Unit3 Bedrooms 1 Unit3 Rent $890 Unit3 Sqft 500 Unit4 Baths 1 Unit4 Bedrooms 1 Unit4 Rent $790 Unit4 Sqft 275 Water1 Municipal

© 2021 by Hudson Valley Catskill Region MLS.
Listing # 20214057 provided courtesy of Laurel Sweeney of Berkshire Hathaway Homeservices Nutshell Realty.
© 2021 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2021-12-04T00:18:25.15
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299, Suite 100
Highland NY, 12528