312 Shawangunk Lake Road
Pine Bush, NY 12566
- 4 beds
- 2 baths
- 2,072 sqft
- ~1/2 acre lot
- $231 per sqft
- 1968 build
- – on site
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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Last updated Apr 9, 2024
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MLS# H6295082 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/15/24
Mar 15, 2024
|
Listed / Active | ONEKEY | $480,000 | 37.1% |
|
9/12/23
Sep 12, 2023
|
ONEKEY | $350,000 | -6.7% | |
|
8/7/23
Aug 7, 2023
|
ONEKEY | $375,000 |