385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
385 Main Street
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$270,000

385 Main Street

Description

Located on the Main St in the Village of Rosendale, within walking distance to the Tressel and Rail train expanding from Kingston to New Paltz. Rosendale is a quaint artsy community with great restaurants, shops, and the Rondout Creek. The 3-Unit apartment building offers three levels of living with one apartment on each floor. The first floor has been nicely updated with 2 bedrooms, fresh paint, and refinished flooring, currently rented at $1,150 a month. The second floor is also a 2-bedroom unit, rented to a long-term tenant at $800 a month. The third-floor unit is a 1 bedroom unit, also rented to a long-term tenant at $950 a month. The building has vinyl siding and an architectural shingle roof, and most windows have been replaced. The basement is full, the heating is oil (3-zones) and the hot water is electric (2 newer hot water heaters). The owner supplies the heat, hot water, and cooking gas, and tenants pay for electricity. There are 4 electric meters (one is a LL meter) and each unit has a propane stove. Each apartment has its own thermostat so if a new buyer wanted to separate the heating the units are already zoned for that. All rents are well below market rate, see associated docs for the income and expense sheet along with additional info. The listing agent is the owner.

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Location

385 Main Street, Rosendale, NY 12472

Status

Sold
Greg Berardi

Greg Berardi

TITLE

Broker | Owner

LICENSE

10991234246

Property Amenities

Interior
Appliances Refrigerator, Range, Electric Water Heater
Flooring Carpet, Hardwood
Area & Lot
Lot Area 3,920.4 Sq.Ft.
MLS® ID 20231572
Year Built 1890
Elementary School Graves K-4
Type Multi-Family
Status Sold
Exterior
Stories 2
Heat type Baseboard, Hot Water, Oil, Radiant
Water Source Public
Sewer Public Sewer
Parking Driveway, Off Street
Lot Features Garden, Landscaped, Level
Roof Asphalt, Shingle
Finance
Sales Price $270,000
Real Estate Tax $6,998 yearly

Work with Megan

Megan is here to assist you through every step of the process and takes pride in being an expert in the field. I eagerly anticipate the opportunity to collaborate with you and facilitate the sale of one of your most significant assets. Contact me today!