Property

Ownership: For Sale
Type: Unknown
Bedrooms: 10 BR
Bathrooms: 4
Pets: Pets No
Lot Size: 0.20 Acres

Financials

Price:$1,150,000
Annual Taxes:$11,139
505 Park Ave, New York, NY 10022
Listing Courtesy of Comres Realty Group LLC

Description

Exceptional Investment Opportunity in the Charming and Historic Town of Cotton-on-the-Hudson. Presenting a rare opportunity to own a fully legal four-family property located in the heart of the picturesque and historically rich town of Cotton-on-the-Hudson. This well-maintained multi-family residence offers a perfect blend of modern updates and classic charm, making it an ideal addition to any investor’s portfolio. Situated within walking distance to the vibrant town center, the property is conveniently close to a variety of local amenities including popular restaurants, cafes, boutique shops, and essential services. Residents will also enjoy easy access to public transportation, with both bus lines and the railroad station nearby, providing a seamless commute to surrounding areas and metropolitan hubs. The building comprises four thoughtfully designed units: two spacious Three-bedroom apartments, One- One Bedroom apartment and one comfortable one-bedroom apartment. Each unit has been recently updated, featuring modern finishes that enhance both functionality and appeal. Tenants enjoy the benefit of separate utilities and individual heating systems, ensuring privacy and efficient energy usage. Currently occupied by reliable, long-term tenants, this property offers immediate income with minimal maintenance required. Whether you're a seasoned investor or seeking a smart entry into real estate, this property represents a stable and attractive investment in a highly desirable location. Don't miss out on this unique opportunity to own a quality income-producing asset in one of the Hudson Valley’s most sought-after communities.

Amenities

  • Building Security
  • Eat-in Kitchen
  • First Floor Bedroom
  • Granite Counters
  • Natural Gas Available
  • Open Floorplan
  • Open Kitchen
  • Sewer Available

Exceptional Investment Opportunity in the Charming and Historic Town of Cotton on the Hudson.


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.