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312 SHAWANGUNK LAKE RD PINE BUSH, NY 12566
- Townhouse or Condo / Resale (MLS)
Property Details for 312 SHAWANGUNK LAKE RD, PINE BUSH, NY 12566
Features
- Price/sqft: $231
- Lot Size: 21350.00 sq. ft.
- Total Units: 2
- Stories: 100
- Heating: Baseboard Heating
- Exterior Walls: Siding (Alum/Vinyl)
Facts
- Year Built: 01/01/1968
- Property ID: 866667049
- MLS Number: 20240605
- Parcel Number: 515200 104.4-2-15
- Property Type: Townhouse or Condo
- County: ULSTER
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Welcome to an exceptional opportunity in Pine Bush, NY a meticulously renovated duplex that perfectly caters to those seeking to lower their cost of living through rental income or secure stable returns without the hassle of unexpected repairs. This side-by-side duplex offers two distinct units: a spacious 3-bedroom, 1-bathroom residence that lives like a single-family home, and a generous 1-bedroom, 1-bathroom apartment. Renovated in 2023, this property boasts upgrades including a new kitchen, bathroom, appliances, flooring, insulation, and new drainage to maintain a dry environment. Both units feature convenient in-unit washer and dryers, and additional basement storage. Each unit has its own driveway, ensuring tenant privacy. Conveniently located just minutes from Highway Route 17, residents have easy access to town amenities, Sam's Point/Minnewaska, and Resorts World Casino, making leisure activities and entertainment readily accessible. Currently, both units are leased until May and December of 2024, providing immediate rental income. The units come with separate utilities which the tenants pay under the current lease. With a current 7.5% Cap rate under conservative underwriting, this property presents a solid investment opportunity. Financials are available upon request. Whether you're in search of an owner-occupied residence with income potential or a lucrative investment opportunity, this property offers versatility to suit your needs.
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Property Brokerage:
BHHS HUDSON VALLEY PROP-NP
134 Main Street
New Paltz
NY
12561
Copyright © 2024 Multiple Listing Service of Ulster County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.