- Price: $2,900,000
- Sq. Feet: 0
- Garage: 2 Garage Attached
- Acreage: 2.50
- Year Built: 1930
- School District: HIGHLANDCENTRAL
Property Type: Multi-Unit
Description: SUPER VERSATILE INCOME $$$ PRODUCER!- Apartments – Restaurant – Catering facility in a private manicured hill top setting in the heart of the Mid-Hudson Valley minutes to the Mid-Hudson Bridge, NYS Thruway, Poughkeepsie & New Paltz. This twenty- four unit apartment complex consists of 8 two room studio apartments, 11 one bedroom apartments, 5 two bedroom apartments, a 4452 sq. ft restaurant w/ bar, an outdoor Pavilion and a covered patio for outside dining all of which are in two spectacular and historic brick buildings on 2.5 acres of well-tended landscaped property. All furniture, fixtures, equipment & supplies are included in the sale of the Restaurant. In addition, there is a picturesque 16x16 koi pond which adds to a distinct country ambiance for al fresco events. Additionally improvements include two 12x20 one car garage sheds, two 10x14 storage sheds, basketball court and a 40x80 patio area for catering events. This unique offering has been carefully maintained all apartments have been routinely updated providing an excellent rental history. Continue existing income producing use or expand on the good will and fine reputation of this well respected and well known location. Many and varied possibilities exist- corporate retreat, boutique hotel, special events destination, culinary tourism utilizing the bounty of many local farms and fine food purveyors. Additional information and details on request from qualified buyers. OPPORTUNITY ABOUNDS!
Income provided is from the Apartments only. Restaurant & Catering provide additional income. QUALIFIED BUYERS ONLY. Agent will accompany, and has an interest in the property.
NUMBER OF UNITS: 24
LOT DIMENSIONS: 226'X512'
APPLIANCES: Dryer, Dishwasher, Energy Star Appliances, Exhaust Fan, Garbage Disposal, Low Flow Commode, Low Flow Fixtures, Refrigerator, Range, Range Hood, Washer
LOT FEATURES: Level, Landscaped, Pond, Private, Parking Lot, Slope-Gently, View
ELEMENTARY SCHOOL: Highland K-5