About 296 Main Street
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%.
Features of 296 Main Street
| MLS® # | 20230731 |
|---|---|
| Price | $369,000 |
| Bathrooms | 0.00 |
| Acres | 0.21 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Style | Other |
| Status | Closed |
Community Information
| Address | 296 Main Street |
|---|---|
| Area | Rosendale |
| City | Rosendale |
| State | NY |
| Zip Code | 12472 |
Amenities
| Utilities | Cable Available |
|---|---|
| Parking | Off Street, Shared Driveway |
| Is Waterfront | No |
Interior
| Heating | Baseboard, Hot Water, Oil |
|---|---|
| Fireplace | No |
Exterior
| Exterior | Frame, Vinyl Siding |
|---|---|
| Lot Description | Level |
| Roof | Asphalt, Shingle |
| Construction | Frame, Vinyl Siding |
School Information
| District | Rondout Valley Schools |
|---|
Additional Information
| Zoning | R3 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Laurel Sweeney |
|---|---|
| Office | Berkshire Hathaway Homeservice |