About 3191 Route 23
Beautifully Updated 6-Unit Investment Property in Hillsdale, NY!
A turn-key opportunity in the heart of the Hudson Valley, this fully renovated 6-unit apartment building offers modern efficiency and low-maintenance living for tenants and owners alike. Each unit features 2 bedrooms and 1 bath, with bright interiors, private screened porches, and comfortable layouts. Each unit has its own separate electric meter, electric hot water heater and electric heat. Cap rate at asking price when fully rented will be 9.70.
Recent upgrades include a brand-new septic system, new municipal water service, and a freshly paved drivewayâ€''providing peace of mind for years to come. The exterior has been fully refinished with contemporary dark siding, crisp white trim, and bold red doors for a clean, modern aesthetic that stands out beautifully against the wooded backdrop.
Located just minutes from the charming center of Hillsdale, this property offers excellent rental potential in a strong and steadily growing housing market near Catamount Ski Area, Great Barrington, and the Berkshires. Nestled in the scenic hills of Columbia County, Hillsdale blends small-town charm with outdoor adventureâ€''just over two hours from New York City. Residents and visitors alike enjoy hiking at Bash Bish Falls, skiing at Catamount, and exploring local cafés, farm markets, and art galleries in town. With its low-maintenance appeal, strong rental performance, and highly desirable location, this property makes an ideal addition to any investor's portfolio or a peaceful weekend retreat in the heart of the Hudson Valley.
