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Two Family Investment Property in Amenia NY

Investment Property with Mountain Views – Amenia, NY

FOR SALE

Amenia New York Investment Property

Price: $200,000 (SOLD)

Investment property Multi family Amenia NY

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.

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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