246 Vineyard Avenue Highland, NY 12528

Beds: 19
Sq Ft: 8691
Type: Mult-Family
MLS#: 4743914
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Unbelievable property, setting, and income producing! Attention all investors, professionals seeking office buildings, or for use as a owner occupied main home with income producing capability. This property consists of 4 multi-family buildings all in mint condition set on over 3.9 acres of level lake front property. Main building -currently set up as a single family 3020 SQFT-5br-3bth (has 2 fam status). Blding 2 -Brick 3 family, 2569 SQFT-6br-3bth, Blding 3-2 family 1536 SQFT-4br-2bth, Blding 4-1566 SQFT-4br-2bth. ROI rate Potential for above 9% and Cap Rate potential for above 8%. Subdivision or professional office potential, but must be verified. This property is a turn key investment, all units are fully occupied. Lake frontage is set back far on property. Each unit has its own entrance and outdoor area either by patio or porch/deck. Property is 100% level and usable. Less then 5 minutes to Poughkeepsie town center and 10 minutes to New Paltz. Truly a must see to appreciate.

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DescriptionInterior & Exterior Features

Interior Features Include:

Heating: Base Board, Hot Water, Steam
Source Oil Above Ground

Finished, Full, Slab, Walk Out

Exterior Features Include:

Acreage: 3.9000 Acres

Description Level
Waterfront Type Municipal

Garage/Parking: 1 Car Attached, Common, Lot Parking
Parking 1 Car Attached, Common, Lot Parking

Other Features Include:

Water: Municipal

This Listing is Presented By

River Realty Services Inc.

River Realty Services Inc.

Work: 845 564 2800119

Fax: (845) 564-0700

Email: showings@riverrealty.com

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