323-331 Main Street Kerhonkson, NY 12446

$500,000
323-331 Main Street, Kerhonkson, NY 12446
20184207

Multi-Family Home for sale in Kerhonkson, NY

for $500,000. This home was built in 1901 on a lot size of 0.22 Acre(s).

Property Information

  • $500,000
  • Multi-Family
  • Taxes are $5,745
  • Multi Units
  • Active
  • Lot size of 0.22 Acre(s)
  • Built in 1901
  • Kerhonkson, NY
  • Ulster County
  • MLS/Web ID is 20184207

Description

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 ½ mile O&W Rail Trail and in the heart of historic Kerhonkson, the building’s location is convenient to nearby attractions, shopping and the burgeoning farm to table dining scene of the scenic Hudson Valley.

Interior 6

Basement

  • Full Basement

Flooring

  • Wood Floors

Heating Source

  • Propane

Heating System

  • Hot Water
  • Hot Water Heater: Propane

Sewer

  • City Sewer

Water Source

  • City Water

Exterior 5

Construction

  • Frame

Driveway

  • Driveway
  • Shared Driveway

Lot Description

  • City/Village
  • Level/Flat

Parking

  • Parking Lot

Waterfront Description

  • Spring/Creek

Rental 1

Lease Terms

  • Month to Month

† Excluded Feature

Neighborhood & Schools

School District: RONDOUT VALLEY
Elementary School: KERHONKSON PRE K-3

 See complete school information

Listed By

Listing Agent: Amy Levine
Broker: BHHS HUDSON VALLEY PROP-SR

323-331 Main Street, Kerhonkson, NY, 12446 is a Multi-Family Home for sale at $500,000 with a lot size of 0.22 Acre(s). 323-331 Main Street was built in 1901. The property's zip code is 12446 which is in Kerhonkson, NY

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Market Pricing

Average % of sale price Median % of sale price
All listings in Kerhonkson $474,042 5 % below $325,000 35 % below
Multi-family listings in Kerhonkson $357,000 29 % below $399,000 20 % below

Get the facts about Kerhonkson, NY!

Population 5,015
Population Growth (since 2000) 2 %
Median Income $54,003
Median Age 43.43
Households w/ Children 25 %

Residential Dwellings

  • Owned 1516
  • Vacant 653
  • Rented 476

Similar Listings

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