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In-PersonVirtual Tour
$ 4,500,000
Est. payment | /mo
1.1 Acres Lot
$ 4,500,000
Est. payment | /mo
1.1 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 934332
Rental Info No
Year Built 1950
Annual Tax Amount $44,711
Lot Size 1.100 Acres
Acres 1.1
Property Sub-Type Multi Family
Source onekey2
Property Description
Investor Opportunity: Premium 24-Unit Asset in Heart of Dutchess County. A rare chance to acquire Pleasant Valley Gardens - a fully stabilized 24-unit multifamily investment in one of the Hudson Valley's most desirable submarkets. Situated on 1.1 acres along Route 44, this turnkey property includes three well-maintained buildings featuring 14 oversized studio apartments and 10 spacious one-bedroom units, offering a total of 14,350 square feet. The complex is 100% occupied with strong in-place rents and upside potential through strategic value-adds. Amenities include a fully paved parking lot for tenants, professional landscaping, and long-term tenancy mix. Detailed income and expense statements, along with unit-level rent breakdowns, are available upon request. Located just minutes from Poughkeepsie and major commuter routes as Taconic State Parkway, Pleasant Vally Gardens offers both income stability and growth trajectory for the right operator or fund. Please do not disturb residents. Private showings by appointment only.
Location
State NY
County Dutchess County
Interior
Heating Electric, Oil
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Parking Lot, Private
Utilities Available Trash Collection Private
Building
Foundation Other
Sewer Septic Tank
Water Well
Structure Type Frame,Other
Others
Special Listing Condition None
Listed by BERKSHIRE HATHAWAY • Anna Traina