Rosendale, NY 12401,296 Main ST

$350,000

$369,000

5.1%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

3,766 SqFt


SOLD DATE : 08/24/2023

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,766 sqft

Price per Sqft $92

MLS Listing ID ONEH6241495

Style Two Story

Bedrooms 4

Full Baths 4

Year Built 1965

Annual Tax Amount $7,095

Lot Size 9,147 Sqft

Property Sub-Type Multi Family

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 7, rents are under market value and could easily be increased, improving the cap rate to at least 10%.

Location

State NY

County Ulster

Interior

Heating Oil, Baseboard

Cooling None

Exterior

Parking Features Off Street

Building

Sewer Public Sewer

Water Public

Structure Type Frame, Vinyl Siding

Schools

Elementary Schools Marbletown Elementary School

Middle Schools Rondout Valley Junior High School

High Schools Rondout Valley

School District Rondout Valley

Others

Special Listing Condition None

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Listed by BHHS Nutshell Realty • 845-687-2200
Bought with Non-Member MLS

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agent

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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