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Sold

Attention Investors

296 Main Street, Rosendale, NY 12472

$350,000
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%.

9,147.6 Sq.Ft. lot

Laurel Sweeney

Laurel Sweeney

Features & Amenities

Interior

  • Flooring Ceramic Tile

Area & Lot

  • Status Sold
  • Lot Area9,147.6 Sq.Ft.
  • MLS® ID20230731
  • TypeMulti-Family
  • YEAR BUILT1965
  • Architecture StylesOther
  • School DistrictRondout Valley Schools

Exterior

  • water SourcePublic
  • utilitiesCable Available
  • roofAsphalt, Shingle
  • lot featuresLevel
  • parkingOff Street, Shared Driveway
  • HEAT TYPEBaseboard, Hot Water, Oil
  • sewerPublic Sewer

Financial

  • Sales Price$350,000
  • Real Estate Tax $7,412/yr
  • Zoning R3

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