5635 Route 82 Clinton Corners, NY 12514
Listing by: ONEKEY / Corcoran Country Living / Rebecca Hanlon - Contact:  (845) 876-6676

  5635 Route 82 Clinton Corners, NY 12514

Active (195 Days)
$795,000
6
BED
4
BATH
5,272
SQFT

Description

Outstanding Investment Opportunity * This countryside setting holds a fully tenanted 4-unit residential building on 1.89 acres. This property also features a cozy 2-bedroom, 1-bath cottage (currently occupied) and a versatile 3-bay steel garage offering additional income potential. Ample parking space for all. Strategically located near the Taconic State Parkway and within a 20-minute drive to both Rhinebeck and Millbrook, this property also enjoys proximity to Amtrak and MetroNorth trains. Blending rural tranquility with accessibility. Pride of ownership shines through with meticulous maintenance: a new roof installed in 2016, modern 1000-gallon concrete septic tanks from 2014, and recent updates to hot water systems (2011 in the main house, 2023 in the cottage) new well pump in 2023 , refurbished chimney with new liner 2024. All units are occupied with current rents positioned below market and suggests a strong upside potential. While utilities for the main house are covered by the owner, cottage residents manage their own, contributing to the overall income generated by this investment. This property currently serves up a 9% cap rate with the potential for increased numbers. Financials available upon request. . Viewings are available to serious buyers / least a 24 hr notice, respecting the privacy and comfort of our tenants. Coin Operated washer/dryer . ****ALL OFFERS are welcome for consideration.*** Call for details.

MLS #:
H6293201
Taxes
$7,078
Lot Size
1.86 acres
Type
Multifamily
Year Built
1900
Style
Colonial, Cottage
Views
Panoramic
School District
Pine Plains
County
Dutchess County
Community
Stanford

Listed By

Rebecca Hanlon, Corcoran Country Living, Contact: (845) 876-6676
Source
ONEKEY
Last checked Sep 20 2024 at 12:19 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Lot Information
  • Level
Heating and Cooling
  • Oil
  • Baseboard
  • Hot Water
  • Window Unit(s)
Basement Information
  • Bilco Door(s)
  • Full
  • Unfinished
Flooring
  • Hardwood
Utility Information
  • Sewer: Septic Tank
School Information
  • Elementary School: Seymour Smith Intermediate Lrn Ctr
  • Middle School: Stissing Mountain Jr/SR High School
  • High School: Stissing Mountain Jr/SR High School
Parking
  • Detached
  • 3 Car Detached
  • Assigned
  • Driveway
  • Parking Lot
Living Area
  • 5,272 sqft
Additional Information: Country Living | (845) 876-6676
Location
   
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