224 Reservoir Road

224 Reservoir Road Goshen, New York 10924 United States

Reduced price and an over 7% cap rate. Attention investors!!! Monthly income $8125.00 with much more potential. This 19th Century majestic mini estate would make the perfect air-bnb or great rental income producing property. An opportunity like this does not come along every day! Located in the Town of Goshen situated on 5.5 acres with a grand stone pillar entrance way with circular driveway and plenty of parking. The property consists of a 7500 sq ft Victorian Home and a 2000+ sq ft Brick Carriage House. The Victoria home has a huge wrap around front porch and consists of 4 separate living quarters. The third floor walk-up with 5 rooms can be additional living space and additional income but is in need of repair. Some of the home has been renovated and updated but much of the original architecture has been preserved such as original moldings, multiple fireplaces, and vintage lighting. Proceed into the home through the original wood doors through a foyer leading to a grand entryway and original wood staircase. You will be wowed by the spacious period rooms, high ceilings, massive windows, original character and charm! All 4 units are fully rented and have separate entrances. To the rear of the main house is a brick carriage house which consists of 2 additional apartments and 1 car garage. Like the main home, the carriage house has been updated but some original architecture has been preserved such as an arched top palladium window with full brick wall. In the back yard you will find a man made pond with fish and plenty of space for gardening and outdoor activities. Along side you will find the original stone foundation of horse stable from the 1800's. If you are a person with a vision, you can surely see the potential for so many different uses. Improvements include, new electric and plumbing, All newer boilers and hot water heaters, roof and well pump. Both homes share the same well and have separate septic systems. Minutes away from major highway, buses and train. Close to Lego Land, Garnett Hospital, shopping, local wineries, the Heritage Trail Orange County and 30 minutes from Resorts World Cakskills Casino, Waterpark and Hotel

Listing Courtesy of Hudson Gateway Multiple Listing Service, Inc. (HGMLS)