109 Shenandoah Road,Hopewell Junction, NY 12533
Hopewell Junction, NY 12533
Description
Don't miss this unique multi-unit investment opportunity in a highly desirable location with convenient access to Interstate 84 and the Taconic State Parkway.The property features three separate living spaces, including a spacious two-bedroom main residence occupying the first and second floors, a one-bedroom basement apartment, and a detached two-bedroom cottage. The cottage is currently occupied and generating rental income, providing immediate cash flow for the next owner. The main house and basement apartment are currently vacant, offering an excellent opportunity for an investor or owner-occupant to renovate and maximize the property's income potential. While the basement apartment will require updates, the existing rental income from the cottage can help offset carrying costs while improvements are made to the other units.One of the property's standout features is the detached cottage's separate entrance, creating a private, stand-alone home feel that is highly attractive to tenants. The property also offers a generously sized yard and ample outdoor space.Whether you're looking to renovate and reposition all three units for increased rental income or create a long-term income-producing asset, this property presents tremendous upside in a sought-after commuter-friendly location. First showings see the main house. This Property is being sold as is.
Details
| MLS # | 1016390 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 75 |
| Listing Provided By | Sams Realty | Anthony P. Hardisty |
Features
| Bed(s) | 7 |
|---|---|
| Basement | Y |
| Units | 3 |
| Acreage | 1.82 |
Interior
| Cooling | None |
|---|---|
| Heating | Oil |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer |
Exterior
| Construction Materials | Frame |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Electricity Available, Electricity Connected |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 340500 |
| Tax Annual Amount | 8239.03 |
Area Information
| State | NY |
|---|---|
| County | Dutchess County |
| City | Hopewell Junction |
| Zip Code | 12533 |
| School District | John Jay Senior High School |
| Elementary School | Gayhead |
| High School | John Jay Senior High School |
| Listing VS Median (in 12533) | |
Price: $570,000 low | high Med: $577,450 On site: 75 low | high Med: 65 | |
Market Activity 12533
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Learn More About This Property
| State | NY |
|---|---|
| County | Dutchess County |
| City | Hopewell Junction |
| Zip Code | 12533 |
| School District | John Jay Senior High School |
| Elementary School | Gayhead |
| High School | John Jay Senior High School |
| Listing VS Median (in 12533) | |
Price: $570,000 low | high Med: $577,450 On site: 75 low | high Med: 65 | |
