296 Main Street, Rosendale, New York 12401 (MLS# H6241495)
Residential Income listing in Ulster County
Listing IDH6241495
Sold For$350,000
StatusClosed
Sold Date8/24/2023
Bedrooms4
Total Baths4
Full Baths4
Home SqFt
3,766
Acres
0.210
CountyUlster
Year Built1965
Property TypeResidential Income
Property Sub TypeMulti Family
Investment opportunity on popular Main Street in Rosendale! This multi-family house has 4 separate units, all of which are currently occupied by tenants who would like to stay. All units are one-bedroom, one bath, differing in size. Some features include wood floors, large windows, newer kitchen cabinets and tub/shower combo in bathrooms. Also included is off street parking with shared driveway and a shared backyard, both maintained by current owner. Conveniently located between Kingston and New Paltz, on the UCAT bus route, walking distance to Trailways Bus stop as well as many great restaurants, the Rosendale Theatre and other shops on Main Street. Cap rate based on current rate is 7, rents are under market value and could easily be increased, improving the cap rate to at least 10%.
County
Ulster
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1965
DPRYN
1
Garbage Removal
Private
Mls Status
U
Village
None
Fuel Expense
2970
High Price Dollars
369000
Maintenance Expense
2306
Modifications Exclusions
None
Other Expense
886
Owner Pays
Insurance
Tax Annual Amount
7095
Tax Assessed Value
235000
Tax Map Number
4600-062.082-0005-035.000-0000
Tenant Pays
Electricity, See Remarks, Water
Trash Expense
1280
Area Units
Square Feet
Area Units
Square Feet
Basement
Unfinished
Common Walls
No Common Walls
Cooling
no
Cooling Type
None
Heating
Oil, Baseboard
Hot Water Features
Electric Stand Alone
Number Of 1 Bedrooms
4
Square Footage
3766.00
Square Footage Source
Municipality
Architectural Style
Two Story
Attached Garage
no
Construction Materials
Frame, Vinyl Siding
Garage
no
Lot Size Area
0.21
Lot Size Source
Other
Lot Size Square Feet
9148
Lot Size Units
Acres
Number Of Separate Electric Meters
5
Number Of Units Total
4
Parking Features
Off Street
Property Attached
no
Sewer
Public Sewer
State Or Province
NY
Water Source
Public
Directions
From Route 32, turn onto Main Street Rosendale (213). #296 on right, shared driveway. Park on street or in the back to the right side.
Elementary School
Marbletown Elementary School
Elementary School District
Rondout Valley
High School
Rondout Valley High School
High School District
Rondout Valley
Middle Or Junior School
Rondout Valley Junior High School
Middle Or Junior School District
Rondout Valley
MLS Area Minor
99
Senior Community
no
Township
Rosendale
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