16 Cherry Street, Red Hook, NY 12571
16 Cherry Street
$338,500
Money-making two family house in the Village of Red Hook. Walk to everything in Downtown Red Hook. Shuttle to Bard College nearby. Keep as a two family or easily convert back to single family.The heating and hot water systems have been upgraded to separate combi-boilers with heat and hot water on demand. Tenants pay for Propane for heat and hot water. Landlord covers taxes, water, maintenance, lawn care and snow removal.Current 1st Floor Tenant is paying $1335 per month for two bedroom apartment. Tenant pays for propane and electric. 1st Floor Tenant is month to month.2nd Floor Unit (one bedroom) is currently vacant but is used occasionally by the seller. 2nd floor unit would be delivered vacant. Previous tenant was paying $1166 per month plus propane and electric. 2nd fl unit occasionally used by seller, At least $30K in rental income per year or more.

3
beds

2
baths

1,627 Sq.Ft. LIVING AREA

0.34 Acres lot

Victor Mendolia

Victor Mendolia

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathrooms2

Area & Lot

  • Status Sold
  • Living Area1,627 Sq.Ft.
  • Lot Area0.34 Acres
  • MLS® ID149770
  • TypeMulti-Family
  • YEAR BUILT1850

Exterior

  • water SourceMunicipal
  • roofAsphalt
  • HEAT TYPEBase Board, Hot Water, Propane
  • sewerSeptic Tank
  • SubstructureStone
  • other exterior FeaturesAluminum, Clapboard

Financial

  • Sales Price$338,500

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