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251 Vineyard Avenue, Highland, NY 12528

$899,999
Commercial Property MLS# 4744211 ID: 48012091
$899,999 Get Rates

Commercial - Highland, NY
Unbelievable property, setting, and income producing! Attention all investors, professionals seeking office buildings, or for use as a owner occupied main home with income producing capability. This property consists of 4 multi-family buildings all in mint condition set on over 3.9 acres of level lake front property. Main building -currently set up as a single family 3020 SQFT-5br-3bth (has 2 fam status). Blding 2 -Brick 3 family, 2569 SQFT-6br-3bth, Blding 3-2 family 1536 SQFT-4br-2bth, Blding 4-1566 SQFT-4br-2bth. ROI rate Potential for above 9% and Cap Rate potential for above 8%. Subdivision or professional office potential, but must be verified. This property is a turn key investment, all units are fully occupied. Lake frontage is set back far on property. Each unit has its own entrance and outdoor area either by patio or porch/deck. Property is 100% level and usable. Less then 5 minutes to Poughkeepsie town center and 10 minutes to New Paltz. Truly a must see to appreciate.

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Offered by Jayne Morelock at Coldwell Banker Res Brokerage

Would you like more information regarding this property?
Please call (914) 277-5000.

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Property Features for 251 Vineyard Avenue
Status
Market Status
Available
Last Updated
January 12, 2018
Description
Property Type
Commercial Property
Year Built
1925
Stories
3.0
Sq. Feet
8,691

Building Features

  • Heating System: Hot Water; Steam
  • Stories: 3.0

Exterior Features

  • Parking: Parking Lot; 1 space

Legal/Financial

  • Taxes: 23000 (2016)

Listing Features

  • Property Type: Commercial; Commercial
  • Jayne Morelock
  • Coldwell Banker Res Brokerage

Data Provided by:
Hudson Gateway Multiple Listing Service, Inc.

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More information about this $899,999 Commercial Property at 251 Vineyard Avenue

This $899,999 Commercial Property at 251 Vineyard Avenue in Highland, NY is presented by Jayne Morelock. This $899,999 Commercial Property, located in the 12528 zip code, has the following property features: Heating System, Property Type, Taxes, Parking. This 251 Vineyard Avenue Commercial Property, located in Ulster County , is listed under MLS listing number 4744211 and has a listing price of $899,999. You can find more HIGHLAND homes for sale here.