Description
Calling all investors! A great opportunity to acquire an income-producing asset with value-add potential, featuring two buildings on one parcel in the heart of Standfordville. The site is over an acre with great frontage on NYS Rt 82. This property has four units consisting of one vacant space that was used as a commercial office in years past (with potential for residential conversion), and three occupied residential units. Strong historical occupancy and cash flow with opportunity to add additional value. Site is proximate to Stanford Fire house, Bank of Millbrook, Central Hudson Gas & Electric, along with town municipal offices. Many updates include new roof on two-family building, hot water heater, oil tank, well pump, and up-to-date routine mechanical servicing. Additional Information: Heating Fuel: Oil Above Ground, Parking Features : 2 Car Detached.
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7BEDS
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1.13ACRES
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5BATHS
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01/2 BATHS
School Information
Description
Calling all investors! A great opportunity to acquire an income-producing asset with value-add potential, featuring two buildings on one parcel in the heart of Standfordville. The site is over an acre with great frontage on NYS Rt 82. This property has four units consisting of one vacant space that was used as a commercial office in years past (with potential for residential conversion), and three occupied residential units. Strong historical occupancy and cash flow with opportunity to add additional value. Site is proximate to Stanford Fire house, Bank of Millbrook, Central Hudson Gas & Electric, along with town municipal offices. Many updates include new roof on two-family building, hot water heater, oil tank, well pump, and up-to-date routine mechanical servicing. Additional Information: Heating Fuel: Oil Above Ground, Parking Features : 2 Car Detached.
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