Mark Ceretto

3122 High Street, Valatie, NY 12184

New - 14 Hours Ago
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Property Description

Turnkey four-unit investment opportunity in the Village of Valatie offering stable in-place income with clear upside potential. This solid brick building has been meticulously maintained by the same owners for over 30 years and is fully occupied with long-term, reliable tenants, providing immediate cash flow and operational stability.The property consists of four spacious two-bedroom units, each featuring hardwood floors, oversized tiled bathrooms, generous closet space, and open-concept kitchen, dining, and living areas that support strong tenant retention and long-term rental appeal.Current rents are month to month and below market, presenting a clear value-add opportunity for strategic and smart investors. Additional desirable features include a full, dry basement with a coin-operated laundry for supplemental income, ample space (previously planned by current owners for paid storage units), and five separate electric meters. Tenants enjoy paved off-street parking and a nicely sized yard.Situated between Church Street and Lake Street in the desirable Kinderhook Central School District (a.k.a. Icabod Crane), close proximity to Main Street amenities including shops, restaurants, and the Valatie Community Theater, as well as nearby parks, Kinderhook Creek and Beaver Cotton Mill Overlook. Convenient access to the Capital District, nearby Kinderhook, and Hudson, enhances long-term rental demand and investment stability.A strong well-maintained structure, income-producing asset with top-notch rental history, an excellent location, and a clear path to increased returns, makes this investment property an excellent addition to any investment portfolio!

3122 High Street | MLS# 202613825

This multi-family property located at 3122 High Street, Valatie, NY 12184 is currently listed for sale with an asking price of $599,000. High Street is located within the Kinderhook-Ichabod Crane school district. Search Valatie real estate on mark-ceretto.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry
Basement: Yes
Heating: Oil
Home Style: Other
Lot Size: 0.11 Acres
Roof Type: Shingle, Asphalt
Taxes: $8,352
Year Built: 1960

Feature Descriptions

Equipment: Fuel Tank(s)
Exterior: Other
Exterior: Brick
Fencing: None
Flooring: Wood, Laminate
Foundation: Block
Interior: Paddle Fan, Ceramic Tile Bath
Lot: Cleared
Lot Dimensions: 4792 sq ft
Parcel #: 104403 33.18-2-27
Parking: Off Street
Parking Total: 6
Parking Total: 6
Security: Fire Escape, Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 3864
Water: Public

Local Schools

School District: Kinderhook-Ichabod Crane

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Estimated Payment

$ 2,203.82 per month $1,333.11 Principal & Interest $696.00 Property Tax $174.71 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Monticello
Agency Phone: 1 518-423-1916

Shown By

Agent Name: Mark Ceretto
Agent Phone: (315) 420-0634 Cell
Agency Title: Coldwell Banker Prime Properties

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