Two Family House for Sale in Pine Bush, Shawangunk, Ulster, NY 12566 | Web ID: PH551199 | $339,000

 
Property Description

Welcome to a prime investment opportunity! This two-unit property is perfect for investors looking to maximize rental income and capitalize on the growing demand for rental properties in the area. The property consists of two units: a well-maintained 1-bedroom unit and a 3-bedroom unit in need of some renovation. Unit 1 is a 1-bedroom unit that has been meticulously maintained and offers a comfortable and modern living space. With recent renovations, including a new kitchen and bathroom, it provides tenants with a turnkey experience. The new windows and updated insulation enhance energy efficiency and comfort, while the new interior doors add to the overall aesthetics of the unit. This unit is currently rented, providing a steady stream of income from day one. Unit 2 is a spacious 3-bedroom unit with incredible potential. While it currently requires renovation, this presents a fantastic opportunity for investors to customize and improve the unit according to their vision. A renovation project requires the installation of a new kitchen and bathroom, transforming this unit into a highly desirable living space for future tenants. The property benefits from recent upgrades, including a new roof, boiler, and baseboard heating for the upper floor. Don't miss your chance to seize this investment property with the potential for a strong return on investment.

Property Information
Location/Town Shawangunk
Area/County Ulster
Post Office/Postal City Pine Bush
Prop. Type Two Family House for Sale
Style Bi-Level
Tax $6,700.00
Bedrooms 4
Total Baths 2
Full Baths 2
Year Built 1968
Construction Frame
Total Units 2
Lot SqFt 36,686
Cooling None
Heat Source Electric, Oil, Baseb
Patio Deck
Lot Features Part Wooded
Parking Features Attached, 1 Car Attached, Driveway, Underground
Tax Assessed Value 40250
Units 2
School District Pine Bush
Middle School Crispell Middle School
Elementary School Pine Bush Elementary School
High School Pine Bush Senior High School
Listing information courtesy of: Cronin & Company Real Estate
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