312 Shawangunk Lake Road Pine Bush, NY $ 480,000
312 Shawangunk Lake Road
$ 480,000
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312 Shawangunk Lake Road

Pine Bush, NY, 12566
$ 480,000
Bedrooms4 Baths2.0 Sq 2,072

Monthly Estimate*

$ 3,353

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Multi-Family Home for sale in Pine Bush, NY

for $480,000 with 4 bedrooms and 2 full baths. This 2,072 square foot home was built in 1968 on a lot size of 0.49.

Welcome to an exceptional opportunity in Pine Bush, NY a meticulously renovated duplex that perfectly caters to those seeking to lower theircost of living through rental income or secure stable returns without the hassle of unexpected repairs. This side-by-side duplex offers two distinctunits: a spacious 3-bedroom, 1-bathroom residence that lives like a single-family home, and a generous 1-bedroom, 1-bathroom apartment.Renovated in 2023, this property boasts upgrades including a new kitchen, bathroom, appliances, flooring, insulation, and new drainage tomaintain a dry environment. Both units feature convenient in-unit washer and dryers, and additional basement storage. Each unit has its owndriveway, ensuring tenant privacy. Conveniently located just minutes from Highway Route 17, residents have easy access to town amenities,Sam's Point/Minnewaska, and Resorts World Casino, making leisure activities and entertainment readily accessible. Currently, both units areleased until May and December of 2024, providing immediate rental income. The units come with separate utilities which the tenants pay underthe current lease. With a current 7.5% Cap rate under conservative underwriting, this property presents a solid investment opportunity.Financials are available upon request. Whether you're in search of an owner-occupied residence with income potential or a lucrative investmentopportunity, this property offers versatility to suit your needs

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Multi-Family Active

Price

$ 480,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,271

Style

Raised Ranch

Lot Size

0.49

Year Built

1968

Town/City

Pine Bush

County/Region

Ulster

MLS | Web ID

H6295082

Features
Interior
Basement Partial Walk-Out Access
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General
Architectural Style Raised Ranch
High School Pine Bush Senior High School
High School District Pine Bush
Elementary School Call Listing Agent
Middle/Junior High School Crispell Middle School
Middle/Junior School District Pine Bush
Elementary School District Pine Bush
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* Excluded Features
List By
Trevor Naumann

Listing Agent

Bhhs Hudson Valley Properties

Broker

tNaumann@bhhsHudsonValley.com

Email

Affordability Calculator

$3,792
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,353
Monthly Property Taxes
$439
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4099423 Elementary School
4100005 Middle School
Pine Bush Senior High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$480,000 Listed Price

Map


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312 Shawangunk Lake Road, Pine Bush, NY, 12566 is a Multi-Family Home for sale at $480,000 with 2,072 sqft and a lot size of 0.49. 312 Shawangunk Lake Road has 4 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 12566 which is in Pine Bush, NY