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PRICE $799,000 dsIDX morgage calculator
BEDS 8
BATHS 6
HOME SIZE 4,360 sqft
LOT SIZE 43,125 sqft

Immediate income from this turn-key multi-unit rental property. Fully rented, four units in three recently renovated buildings generate $6,900 monthly, $82,800 annually in rental income. The property is almost an acre, cleared and level with plenty of lawn and parking space. It is highly visible, being on Route 22 with an annual average daily traffic count of 9,770. In Wingdale, just north of the Pawling town line, the setting is breathtaking, with mountains behind and the Great Swamp across Route 22. The 4 units are in 3 separate structures. The first house is a 1560 SF split level contemporary with newer gas furnace with two units, the main home a 3 bedroom, 1 bath and the legal accessory apartment with 1 bedroom, 1 bath with a rear entrance. The second home is a 1680 SF contemporary cape with first floor master bedroom and bath, two additional bedrooms and full bath upstairs. The third building is a Dutch colonial styled barn with the first story a two-bay heated garage with a 9.5 foot ceiling, high doors, half bath and laundry. Upstairs is an 1120 SF 1 bedroom, 1 bath apartment plus den/office. All 4 units have access to the green space outside and a common parking lot. There is a long list of improvements, including a brand new 8 bedroom septic system. It is possible that the property will be rezoned commercial soon. If that happens, some or all of the units could be converted to retail or other commercial use with significantly increased rental income. 2 minutes to the Wingdale Metro North station, 5 minutes to the quaint Village of Pawling with fine dining, shops, and pubs.

DAYS ON MARKET 144 LAST UPDATED 7/15/2021
YEAR BUILT 1997 COUNTY Dutchess
STATUS Pending PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Dover
Elementary School Wingdale Elementary School
Jr. High School Dover Middle School
High School Dover High School


ADDITIONAL DETAILS
AIR Central Air, None
AIR CONDITIONING Yes
BASEMENT See Remarks, Yes
CONSTRUCTION Frame
HEAT Baseboard, Forced Air, Oil, Propane
INTERIOR 1st Floor Bedrm, Cathedral Ceiling(s), Eat-in Kitchen, Legal Accessory Apartment, Master Downstairs, Storage
LOT 0.9900 acre(s)
LOT DESCRIPTION Level, Near Public Transit
PARKING Detached,2 Car Detached,Driveway,Parking Lot
SEWER Septic Tank
STYLE Cape, Split Level
TAXES 11509.00
VIEW Yes
VIEW DESCRIPTION Other
WATER Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with McGrath Realty Inc
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The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than McGrath Realty Inc are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information deemed reliable but not guaranteed.
Date Last Updated: 8/5/21 8:53 PM PDT

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