About 385 Main Street
Don't miss this opportunity to own a well-located, high-potential three-family property in the vibrant hamlet of Rosendale. With a projected Net Operating Income (NOI) of 45k, this property is ideal for first-time investors or seasoned buyers looking to expand their portfolio. Being sold as part of a rare three-property portfolio with neighboring 296 and 393 Main Street, this is a chance to secure multiple income-producing assets on the same block in one of Ulster County's most sought-after areas. Two of the three units are currently rented, while the third is in the process of being leased—providing immediate upside potential. Each unit offers desirable one-bedroom layouts that appeal to the area's strong rental market. Situated on Main Street and just minutes to New Paltz and Kingston, this property benefits from high rental demand and easy access to shops, dining, and transit.
Features of 385 Main Street
| MLS® # | 20250993 |
|---|---|
| Price | $450,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1,900 |
| Acres | 0.09 |
| Year Built | 1890 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 385 Main Street |
|---|---|
| Area | Rosendale |
| City | Rosendale |
| County | Ulster |
| State | NY |
| Zip Code | 12472 |
Additional Information
Listing Details
| Agent | Savannah Miceli |
|---|---|
| Office | Century 21 Alliance-NP |