'ALEXANDER ABBOTT HOUSE' UNIQUE FOUR-FAMILY OPPORTUNITY IN VALATIE on 3.9+ ACRES - $375,000.
The Alexander Abbott House
CLICK ON THE ABOVE TO SEE AN AERIAL VIDEO OF THE PROPERTY!
Rear View of the main structure and the Historic Marker
Located in the Village of Valatie,
town of Kinderhook, this circa 1830's "Alexander Abbott House" is
currently used as an owner-occupied 4-family residence. There is also a large Barn,
and a small storage building on 3.9+ acres. As you can see from the
photographs, the open land located at the rear of the property offers the new owner
the opportunity to build a separate residence, to add additional rental units, or even to farm the land.
The property currently generates over $23,700 a year in income and the total real estate taxes are $9,198.24. per year.
If the owners' apartment were to be rented, the property would generate over $38,000 per year in income. Here is the description of the units:
3Bed/1Bath - TownHouse Style - currently owner occupied- coud get $1,200 per mont from tenant
2Bed/1.5 Bath - TownHouseStyle - $725 per month
2Bed/1Bath - TownHouseStyle - $650 per month
1Bed/1Bath - SingleLevel - $600 per month
This is a very unique, "one-of-a-kind" property that offers unlimited potential and room to build additional
rental units to someone with the right vision.
Aerial View of the Property
View of the Barn and the Open Field behind the Buildings
View of the Living Room and a Bedroom from the rental apartments