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982 Schodack Rd Castleton-on-Hudson, NY 12033

Sponsored
For Sale
$307,692

Four-unit apartment building with barn, renovation potential.

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional mixed-use property, located at 982 S Schodack Rd, Castleton-on-Hudson, NY 12033, presents a unique investment opportunity. The property encompasses 3.17 acres of land in a beautiful rural setting, conveniently located near Route 9 and I-90, offering easy access to Albany. The main structure is a four-unit apartment building, totaling approximately 4,224 square feet, built circa 1780 and recently renovated. The building features two two-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit, and one three-bedroom/one-bathroom unit. The apartments are garden-style, with two entrances on the north side and two off the front porch. A significant investment was made just prior to the COVID-19 pandemic, including a new septic system and well, totaling $50,000. Utilities include gas and electric. The property is zoned R-40, allowing for the potential subdivision of a one-acre portion with road frontage. A large barn offers ample space for various uses, including storage, workshop, or entertainment. The property is situated in the desirable Schodack School District and boasts proximity to Schodack Island State Park and local summer events. The 2024 assessed value is $307,692, reflecting the full market value. This is an online auction ending August 21st. The seller is motivated and liquidating assets due to a relocation out of state.

Property Features for 982 Schodack Rd

General Information

Property type
Mixed-use properties
Lot Size
138,085 SF

HighLights

  • Exceptional mixed‑use investment opportunity in Castleton‑on‑Hudson, NY.
  • 3.17‑acre lot near Route 9 and I‑90, offering easy access to Albany.
  • Four‑unit apartment building (4,224 sq ft), recently renovated, with a mix of 2‑bed/1‑bath and 3‑bed/1‑bath units.
  • $50,000 invested in new septic and well prior to COVID‑19.
  • R‑40 zoning allows for potential one‑acre subdivision.
  • Large barn suitable for storage or other uses.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Hotel & Motel Food Market Bed & Breakfast Tailor Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Castleton-on-Hudson
County
36083
State
New York
Longitude
-73.7031269
Latitude
42.4969373

FAQs

What type of property is this?
Mixed-use property - Four-unit apartment building with barn, renovation potential.
Where is this mixed-use property located?
The property is located at 982 Schodack Rd Castleton-on-Hudson, NY.
What is the asking price?
The asking price for this property is $307,692.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Castleton-on-Hudson, NY.; 3.17-acre lot near Route 9 and I-90, offering easy access to Albany.; Four-unit apartment building (4,224 sq ft), recently renovated, with a mix of 2-bed/1-bath and 3-bed/1-bath units.
More about this property
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