2,178 Sqft Lot
2,178 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1051124
Rental Info No
Annual Tax Amount $6,922
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Source onekey2
Property Description
The property has undergone extensive improvements, including a brand-new roof, spray foam insulation, new windows and glass, and all-new mechanical systems, providing a modern, low-maintenance investment for the next owner.
RESIDENTIAL UNIT | APPROX. 1,200 SQ. FT.
Fully updated 3-bedroom, 1-bath apartment
Forced-air heat and central air conditioning
In-unit washer and dryer
Currently leased at $2,500/month
Excellent turnkey condition
COMMERCIAL SPACE | APPROX. 1,050 SQ. FT.
Established wellness business with 15 years of experience
Currently leased at $1,950/month
Renovated in 2023
Attractive opportunity for an owner-user or investor
ADDITIONAL VALUE-ADD SPACE
Approximately 1,050 sq. ft.
Currently gutted and ready for future build-out
Significant potential to create additional income-producing space, subject to applicable approvals
FINANCIALS
Current gross rental income: $4,450/month
Current annual rental income: $53,400
Annual property taxes: approximately $11,000
Annual insurance: approximately $2,000
Tenants pay all utilities
With approximately 3,300 sq. ft. of total space, this property combines established rental income with substantial future upside. The recent capital improvements, existing residential and commercial tenants, and additional unfinished space make this an attractive opportunity for investors seeking income, flexibility, and long-term appreciation potential.
A rare opportunity to acquire a professionally updated mixed-use property with income in place and room to increase its earning potential.
Buyers agent to confirm all details.
Location
State NY
County Dutchess County
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Ductless
Fireplace No
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Exterior
Utilities Available Electricity Connected, Sewer Connected
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Sheafe Road Elementary School
Middle Schools Wappingers Junior High School
High Schools Wappingers
School District Wappingers
Others
Special Listing Condition None
Nearby Locations
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Licensed Real Estate Salesperson License ID: 10401267947