Investment Property with Mountain Views – Amenia, NY
FOR SALE
Amenia New York Investment Property
Price: $200,000 (SOLD)
Description
Possibly one of the best investment opportunities in Dutchess County; perfect for family share, a weekend getaway, home business, or reno investors seeking long term rental income property. This 1940 historic cottage offers 1 BR, Den which may potentially be converted to legal 2nd bedroom, Dining Room and full bath. It has plenty of windows and light, modifiable great space, strong bones and character. It will require a full renovation to maximize it’s tremendous potential at becoming a gorgeous home. On the same property is an 800+ sqft vintage guest cottage built in 1961 offering 2 BRs, 1 bath, large eat-in kitchen and original log siding under old Cedar Shakes. The interior is in fair condition and could also be a brilliant project. Each has it’s own driveway & septics, crawl space basements, above ground oil tanks, storage sheds and new hot water heaters. Metal roofs cover asphalt shingles underneath. The mountain views are absolutely exquisite and this property sits in the vicinity of the most beautiful farmlands and far reaching storybook landscapes in the northeast. Cash offers preferred due to extensive renovation needed, but a renovation mortgage may be an option. Tenant occupies the red cottage. This is an exceptional deal.
Acceptable Financing
Cash or Renovation mortgage
Features
- Township: Amenia
- Zoning: RA
- Land Use: Two Family
- Year built: 1940 & 1961
Unit 1
- Color: White
- Siding: Vinyl
- Year: 1940
- Bedrooms: 1 + Den (possible 2 BR)
- Dining Room: Yes
- Finished square feet: 810
- Heating: Oil, Radiators
- A/C: None
- Storage: Shed
- Water/Sewer: Septic, shares Well
- Basement: Crawl space
- Garage: None
- Laundry: Hookups
- Renovation needed: Full
Unit 2
- Color: Red
- Siding: Log under Cedar Shakes
- Year: 1940
- Bedrooms: 2
- Dining Room: No
- Finished square feet: 720
- Heating: Oil, Radiators
- A/C: None
- Storage: Shed
- Water/Sewer: Septic, shares Well
- Basement: Crawl space
- Garage: None
- Laundry: Hookups
- Renovation needed: Full
Area Amenities
Amenia offers many amenities within 10 minutes, such as shopping, restaurants, bars/pubs, houses of worship, gas stations, golf, and more.
Commuter
Approximately 8 minutes to Harlem line at Metro North, Wassaic Train Station.
Contact Jill Doppel to discuss your qualifications and schedule your showing.
Jill Doppel Real Estate
PO Box 1112 Millbrook, NY 12545
Call: 845-546-5875