Calling all investors! A great opportunity to acquire an income-producing asset with value-add potential, featuring two buildings on one parcel in the heart of Standfordville. The site is over an acre with great frontage on NYS Rt 82. This property has four units consisting of one vacant space that was used as a commercial office in years past (with potential for residential conversion), and three occupied residential units. Strong historical occupancy and cash flow with opportunity to add additional value. Site is proximate to Stanford Fire house, Bank of Millbrook, Central Hudson Gas & Electric, along with town municipal offices. Many updates include new roof on two-family building, hot water heater, oil tank, well pump, and up-to-date routine mechanical servicing.
Bedroom: 7 Full Bath: 3 Half Bath: 2
Lot Size: 1.13 Lot Sq Ft: 49223 Approx. Int. Sq. Ft.: 4353.00 Parking Spaces: Yes Parking Spaces: 2 Parking Facilities: Detached, Driveway, Off Street Porch Description: Yes
Heat: Electric, Hot Water, Oil A/C: None Water: Public Sewer: Public Sewer
Taxes: $5,625 Maintenance: $215
School District: Pine Plains
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