323-331 Main Street Kerhonkson, NY, 12446
$ 500,000Bedrooms Baths0.0
for $500,000. This home was built in 1901 on a lot size of 0.22 Acre(s).
Well-maintained, turn-key multi-family / mixed-use income-producing property with direct frontage on Rondout Creek. Completely renovated 8 unit building with its original charm preserved while incorporating new mechanical, electrical and plumbing systems throughout. There are 4 commercial retail units at ground level, each with a private half bath. Located on the 2nd floor are 4 residential units consisting of 2 two-bedroom units and 2 one-bedroom units, each with exterior terraces & new kitchen cabinets. All units have refinished hardwood floors. Full walk-out basement is accessible from the retail spaces and from the rear of the building for additional storage use. All units are on town sewer & water and are currently rented with excellent tenants. Fantastic opportunity for investor to begin collecting income immediately or for a buyer to live upstairs and/or work downstairs and use the tenants' rents to pay the mortgage. Located along the 3 Ãƒ'š and 1/2 mile O&W Rail Trail and in the heart of historic Kerhonkson, the buildingÃƒ¢Ã‚‚¬Ã‚„¢s location is convenient to nearby attractions, shopping and the burgeoning farm to table dining scene of the scenic Hudson Valley.
Basement Full Basement
Flooring Wood Floors
Heating Source Propane
Heating System Hot Water Hot Water Heater: Propane
Sewer City Sewer
Water Source City Water
Driveway Driveway Shared Driveway
Lot Description City/Village Level/Flat
Parking Parking Lot
Waterfront Description Spring/Creek
Rental* Excluded Features
Lease Terms Month to Month
List By Bhhs Hudson Valley Prop-Sr
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in Kerhonkson, NY
Average List Price $388,375
Percent of Sale Price 22 %
About Kerhonkson, NY
2 % Since 2002
$ 54,003 Median Income
43.43 Median Age
25 % Households with Children
RONDOUT VALLEY School District
KERHONKSON PRE K-3 Elementary School