2 Plaza Rd - Wappingers Falls, NY

2 Plaza Rd Wappingers Falls, NY 12590

2 Plaza Rd, Wappingers Falls, NY, 12590
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FOR SALE
Property Type:
Other Special Purpose
Amount:
$419,000
Last Verified:
Apr 08, 2024

Highlights

  • - 1,665 SF building with 2 units
  • - Ideal for Multifamily / Single Family Rental Portfolio investor
  • - Built in 1955 with classic charm
  • - Zoned R20 for residential use
  • - Located in the picturesque Hudson Valley area
  • - 50% occupancy provides immediate income
  • - Spacious units for comfortable living
  • - Potential for rental income growth
  • - Well-maintained property with investment potential
  • - Strong rental demand in the area

Description

Introducing an exceptional investment opportunity in the heart of Wappingers Falls, NY. This well-maintained, 1,665 SF multi-family property, built in 1955, boasts two units and sits in the sought-after R20 zone of Wappingers Falls, NY. With a prime location in the scenic Hudson Valley area, this property offers 50% occupancy, presenting an attractive prospect for a savvy investor seeking to expand their multifamily/single family rental portfolio. This home would be easily converted to a 4 bedroom single family for a flip opportunity or as owner/user. Don't miss the chance to acquire this income-generating asset with promising potential.

Located in the heart of the Wappingers Falls, in the desirable and scenic Hudson Valley, NY


Year Built: 1955
Building Size: 1665sq ft
Lot Size: 0.69 acres

Map of 2 Plaza Rd, Wappingers Falls, NY, 12590

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.