109 Shenandoah Road, Hopewell Junction, NY 12533

$595,000
7
BD

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List Price
$595,000
Status
ACTIVE
Days on Market
40
MLS#
1016390
Subtype
Residential Income
Year Built
1950
Bedrooms
7
Lot Size
79,279
Acres
1.82
Neighborhood
Hopewell Junction

Property Description

Don't miss this unique multi-unit investment opportunity in a highly desirable location with convenient access to Interstate 84 and the Taconic State Parkway. The property features three separate living spaces, including a spacious four-bedroom main residence occupying the first and second floors, a one-bedroom basement apartment with an additional office, and a detached two-bedroom cottage. The cottage is currently occupied and generating rental income, providing immediate cash flow for the next owner. The main house and basement apartment are currently vacant, offering an excellent opportunity for an investor or owner-occupant to renovate and maximize the property's income potential. While the basement apartment will require updates, the existing rental income from the cottage can help offset carrying costs while improvements are made to the other units. One of the property's standout features is the detached cottage's separate entrance, creating a private, stand-alone home feel that is highly attractive to tenants. The property also offers a generously sized yard and ample outdoor space. Whether you're looking to renovate and reposition all three units for increased rental income or create a long-term income-producing asset, this property presents tremendous upside in a sought-after commuter-friendly location. First showings see the main house. This Property is being sold as is.

Additional Information

Interior Features
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer
Taxes
$8,239
Heating
Oil
Air Conditioning
None
Parking
Driveway
Parking Features
Driveway
School District
Wappingers
Elementary School
Gayhead
Middle School
Van Wyck Junior High School
High School
John Jay Senior High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Anthony P. Hardisty (smartinvestment20@yahoo.com) from Listing Office: Sams Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.