Building Details

Year Built 1856

Listing Agency: Resort Realty Show Phone

Listed By: Darlene M O Dell · License #40OD0930903 Show Phone

Source: Exitrealty

Added: Dec 17, 2024 Changed: Sep 10 Last Checked: Sep 15 at 5:31AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Resort Realty

Investment Insights

Based on property information with market context.

This multifamily property, once a 20-room boarding house and dairy farm, has been converted into 5 apartments, including one 2-bedroom, two 1-bedroom, one studio, and one efficiency unit. The property also features 9 bedrooms on the third floor, which currently lacks heat and plumbing. Situated on over 47 acres, the farm includes over 30 acres of fertile pasture land and an apple orchard. Water sources include 4 wells and springs. A 1-bedroom guest house is also located on the property. A separate 1.7-acre lot with a productive well is included. Recent upgrades include a new 99% efficient Riello furnace, a new hot water heater, some electrical upgrades, and some exterior painting. The property offers scenic views and has dependable tenants, some of whom have resided there for almost 20 years. There is pond potential. The property has the potential of $14,400 a year for owners apartment not included in income total.

Key Highlights

• 47+ acre farm featuring 30+ acres of fertile pasture land, an apple orchard, and potential for a pond.
• Income‑generating property with 5 apartments and dependable tenants, offering potential for additional income from the owner's apartment.
• Includes an extra 1.7 acre lot with a productive well.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Garden Center Bakery Daycare Center Real Estate Agency Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Explore this area Business Placement

Demographics for 12748, NY

1,890

Population

1,022

Households

1.8

Avg Household Size

50

Median Age

36%

College-Educated

93%

High-School Grad

23.6 sq mi

ZIP Area

80

Density / Sq Mi

$75,500

Median Household Income

$47,500

Median Earnings

$967

Median Rent

$236,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property with apartments, guesthouse, and fertile pasture land.

Where is this apartment building located?

The property is located at 354 E Hill Road Jeffersonville, NY.

What is the asking price?

The asking price for this property is $849,000.

What are key features of this property?

This property features: 47+ acre farm featuring 30+ acres of fertile pasture land, an apple orchard, and potential for a pond.; Income‑generating property with 5 apartments and dependable tenants, offering potential for additional income from the owner's apartment.; Includes an extra 1.7 acre lot with a productive well.