423 Main St Rosendale, NY 12472

Located in the heart of Rosendale, this fully occupied four-unit multifamily property presents a rare investment opportunity. An additional 1-bedroom accessory dwelling unit contributes to a total monthly income of $7,550. The property boasts long-term tenants with an excellent payment history, allowing an investor to start generating profit immediately. Situated along vibrant Main Street, residents benefit from walking distance to shops, restaurants, and community amenities. Outdoor enthusiasts will appreciate the ability to walk or bike directly to the nearby Wallkill Valley Rail Trail, with quick access to the Mohonk Preserve and Minnewaska State Park just minutes away. Commuters benefit from an easy drive to the New York State Thruway, making this an ideal location for both convenience and lifestyle. Tenants are responsible for their own electricity and personal utilities, including cable and Wi-Fi. The owner covers expenses for heat, hot water, garbage service, and landscaping, offering simple, predictable management. The rent roll includes: Apartment 1, a first-floor 1-bedroom unit renting for $1,100; Apartment 2, a first-floor 2-bedroom unit renting for $1,950; Apartment 3, an entire second-floor 3-bedroom unit renting for $2,300; Apt 4, a studio attic unit renting for $600; and an Accessory Dwelling Unit (Rear Cottage), a 1-bedroom unit renting for $1,600. This can be a package deal with 425 Main St next door.