Overview (62) :: USA (18) :: New York (10)

Region: USA :: New York :: Print Listing
Property Type: Commercial :: Multi-Family

Advertiser: Commercial
The Gray Rider Real Estate
143 Longview Drive
Chatham NY 12037
United States
Phone: +1-518-392-7062
CLICK HERE TO CONTACT ADVERTISER
 
Price: US$ 375,000
Bedrooms: 8
Bathrooms: 4
Kitchens: 4
Built: 1830
Space: 4000 sq/ft
Lot: 3.95 acres
Views: 1561

UNIQUE MULTI-FAMILY OPPORTUNITY IN COLUMBIA COUNTY, NEW YORK USA




Located in the Village of Valatie, town of Kinderhook, this circa 1830's "Alexander Abbott House" is currently used as an owner-occupied 4-family residence. There is also a large Barn, and a small storage building on 3.9+ acres. As you can see from the photographs, the open land located at the rear of the property offers the new owner the opportunity to build a separate residence, to add additional rental units, or even to farm the land.

The property currently generates over $23,700 a year in income and the total real estate taxes are $9,198.24. per year. If the owners' apartment were to be rented, the property would generate over $38,000 per year in income. Here is the description of the units:


RENTAL UNITS
3Bed/1Bath - TownHouse Style - currently owner occupied- coud get $1,200 per mont from tenant
2Bed/1.5 Bath - TownHouseStyle - $725 per month
2Bed/1Bath - TownHouseStyle - $650 per month
1Bed/1Bath - SingleLevel - $600 per month


This is a very unique, "one-of-a-kind" property that offers unlimited potential and room to build additional rental units to someone with the right vision.





CLICK HERE FOR MORE INFORMATION ABOUT THIS UNIQUE PROPERTY