11-15a Tannery Brook Road, Woodstock, NY

About 11-15a Tannery Brook Road

BEAUTIFUL FARMHOUSE AND MORE IN THE HEART OF WOODSTOCK, NY. Live close to everything the historic village has to offer: unique shops, great cafes and nightlife, and the bus stop from NYC. Beyond the village, there's hiking in the Catskills, swimming in the Millstream and Big Deep, skiing in winter, and exploring nearby towns all year. The two-bedroom farmhouse is one dwelling in a collection of four distinct, meticulously renovated homes. The collection could be enjoyed by one owner or provide an ideal spot for extended group of like-minded people. (It might make a fantastic artists' or writers' retreat.) One or more of the cottages could be used as a remote office. Alternatively, the four homes on a quarter acre of wooded land, bluestone pathways, and seasonal flowers could serve as an investment opportunity. Possibilities include renting all four homes or living in the farmhouse while renting out the cottages on a long-term basis (monthly or annually). The cap rate for renting out all four homes is 8%. Each cottage could be rented for $2500/month, while the farmhouse could be rented for $3500-$4000/month. In addition to the two-story farmhouse with bath, there is a two-story cottage with one bed and full bath; a one-bed, one-bath studio; and a one-bed, one-bath carriage house with a single-car garage. Extensive, top-to-bottom improvements have been made to each building. Kingston, Phoenicia, Saugerties, and Rhinebeck (with an Amtrak train station) are nearby. Approximately 100 miles from the George Washington Bridge. A list of improvements and rental history are available. The cottages are currently unrented to facilitate viewing while the property is listed. Rental history is from less than a year ago. If you’re looking for a home in an incredible location, or an investment property with multiple possibilities, consider viewing this outstanding collection of homes in one of America's most famous small towns.

Listing Map