Impressive four-story 4,788 square foot loft building in the beautiful hamlet of High Falls. Originally built as a single family residence, the building is currently leased month-to-month to three residential tenants (first floor loft, second floor loft, and third floor loft, with the fourth floor vacant). Each loft has a private 500 square foot deck, two of which are covered. Versatile opportunity: buyer could leave all units leased as an income property; occupy the third and fourth floors as a 2,300 square foot home while keeping the two lower floors leased for income; occupy floors 2-4 as a large 3,500 square foot home while keeping the ground floor leased for income; or recombine and occupy the entire building to create a magnificent High Falls mansion. Floors 3-4 are accessed from the rear of the building, up on a hill, with a private garden, private parking, and private entrance. Huge storage barn on the property can be used as a multi-car garage, as an art studio, for storage, or for another auxiliary use. Zoned "Business" so lots of possibilities there. Current owner would like to lease the barn back for one year at $500/month. Lovely wooded private grounds on 0.78 acres. Easy walk into the central hamlet of High Falls, with great restaurants, boutique shops, food markets, a beauty solon, and an art gallery. Prime central location surrounded by hiking and bike riding in all directions. Quick drive into Rosendale, High Falls, New Paltz, and Kingston, each with full shopping and dining amenities. New high-efficiency propane heating units. Amazing opportunity for under $500K!
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