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Helen Coyle Bergstein

Helen Coyle Bergstein
Nest Realty Co.
New Paltz, NY 12561

845-417-7242
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Listing 6 out of 35
$500,000 For Sale

323-331 Main Street
Kerhonkson, NY 12446

8 units | Multi Family Home
9583 sq ft - MLS# 20184207
Property Photo
1/32

Description

Well-maintained, turn-key multi-family / mixed-use income-producing property with direct frontage on Rondout Creek. Completely renovated 8 unit building with its original charm preserved while incorporating new mechanical, electrical and plumbing systems throughout. There are 4 commercial retail units at ground level, each with a private half bath. Located on the 2nd floor are 4 residential units consisting of 2 two-bedroom units and 2 one-bedroom units, each with exterior terraces & new kitchen cabinets. All units have refinished hardwood floors. Full walk-out basement is accessible from the retail spaces and from the rear of the building for additional storage use. All units are on town sewer & water and are currently rented with excellent tenants. Fantastic opportunity for investor to begin collecting income immediately or for a buyer to live upstairs and/or work downstairs and use the tenants' rents to pay the mortgage. Located along the 3 ½ mile O&W Rail Trail and in the heart of historic Kerhonkson, the building's location is convenient to nearby attractions, shopping and the burgeoning farm to table dining scene of the scenic Hudson Valley.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Unit
  • Listing Status: Active
  • County/Area: Ulster County
  • Zip Code: 12446
  • Year Built: 1901
  • Age: 100-200
  • School District: Rondout Valley
  • Elementary School: Kerhonkson Pre K-3
  • Units: 8 units
  • Basement: Full
  • Lot Size: 9583 sq ft
  • Waterfront: Creek
  • Zoning: Business
  • Area: Wawarsing
  • Annual Expenses: 19554
  • Annual Income: 62415
  • Annual Net: 46146
  • Cap Rate: 9
  • Condition: Very Good
  • Construction: Frame/Stick
  • Electric: 320
  • Electricity: 200 Amps
  • Floors: Mixed, Wood
  • Fuel: 2386
  • Garage/Parking Extras: Driveway, Driveway-Shared
  • Heat Source: Hot Water
  • Heating Fuel: Propane
  • Hot Water: Propane
  • Insurance: 4769
  • Lease Type: Month To Month
  • Lot Block Address: 9,5,323-331 Main Street
  • Lot Dimensions: .22 acres
  • Lot Features: Level, Parking Lot, Other/See Remarks
  • Lot/Site: Hamlet/Village
  • Miscellaneous: 991
  • Monthly Income: 5475
  • Sewer: Municipal
  • Tenant Pays: All Utilities
  • Total Taxes: 4769
  • Trash: 1188
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
  • Unit 3 Bedrooms: 1
  • Unit 3 Sqft: 1
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Water: Municipal, 4320
  • Water Ways: Rondout Creek
Courtesy of Bhhs Hudson Valley Prop-Sr
Helen Coyle Bergstein
Nest Realty Co.
Broker/Owner
114 Plains Road, New Paltz, NY 12561
(845) 417-7242 Mobile
helen@nestrealtyco.com

More About Me

Testimonials

Helen knows the area thoroughly and showed us a number of properties in New Paltz. She was extremely patient as we decided to not pursue a few, often after multiple visits. Then, for the property we bought, she called us minutes after it became listed, got us the first showing, and we made an offer that was accepted. The house was not shown to any other parties and we had a signed contract and closed quickly. Through every step, including about the mortgage application, we received excellent guidance. Helen really came through for us and we now have a house we are truly happy with. Allen Ross
A joy to work with. Really not what I had come to expect. Straightforward, an advocate, not treating my small sale as anything lesser. I hope I have the opportunity to work with her again. I will definitely pass her name along! Itty - New Paltz
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