Listing Provided by HOMESMART HOMES AND ESTATES MG

1014 Spring Lake Rd, Red Hook

$785,000

0 Beds
0 Baths
0 Sqft
1.1 Acres
0 Garages

Excellent time and opportunity to acquire an investment property in the Hudson Valley. Three homes on two parcels with endless possibilities, located minutes from the village of Red Hook, Bard College, Red Hook Schools and a short drive to the villages of Rhinebeck and Hudson. The property is well maintained, has an excellent rental history and is very low maintenance. MAIN HOUSE is a 4 bedroom, 2700 sq. ft, circa 1800's home that has been beautifully and lovingly restored, preserving authentic period details, has a custom built kitchen, all new ss appliances, recent metal standing seam roof, updated electric and septic. The second home is presently a two family, one with three bedrooms and the other two bedroom unit has all original details in tact which includes federal fire places and mantels. This home can be converted into a beautiful one family residence. The third home built in 2007 is a one bedroom contemporary cottage, tastefully renovated and nestled in a quiet corner of the property offering a wonderful setting. Bright and spacious with soaring ceilings and open floor plan, new appliances, beautiful new bathroom with stackable washer and dryer. This can be used for a year round rental or is a a terrific AirBnb opportunity. All units are currently rented, Gross $79,200 annually based on current rental income, which are under market value. Property consists of two parcels, 13488900637300012768130000/13488900637300012828230000

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