Description
This pre-1850 Federal Era property, uniquely desirable for its size, with 5 storefronts, 8 upgraded residential units & a dominating presence on the hottest stretch of historic downtown Warren Street, offers an exciting investment opportunity. Following extensive updates & renovation both inside and out, the buildings currently generate significant cash flow. The owner apartment renovation displays period artisan details including wide oak flooring & original 1830's hand-hewn beams. An 8000SF back courtyard is a unique in-town oasis with maturing native trees, flowering shrubs, perennials, and generous R&R space. Expansion potential includes build-out of additional living space over 10 existing parking spots on the alley. Buy for immediate investment return, or transform to your vision for highest and best use as short-term suites anchored by the lush and spacious outdoor courtyard. Short walk to Amtrak & Promenade Park. Few properties have the presence & historic continuity
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10BEDS
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0.25ACRES
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8BATHS
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41/2 BATHS
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9,785SQFT
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$332$/SQFT
Description
This pre-1850 Federal Era property, uniquely desirable for its size, with 5 storefronts, 8 upgraded residential units & a dominating presence on the hottest stretch of historic downtown Warren Street, offers an exciting investment opportunity. Following extensive updates & renovation both inside and out, the buildings currently generate significant cash flow. The owner apartment renovation displays period artisan details including wide oak flooring & original 1830's hand-hewn beams. An 8000SF back courtyard is a unique in-town oasis with maturing native trees, flowering shrubs, perennials, and generous R&R space. Expansion potential includes build-out of additional living space over 10 existing parking spots on the alley. Buy for immediate investment return, or transform to your vision for highest and best use as short-term suites anchored by the lush and spacious outdoor courtyard. Short walk to Amtrak & Promenade Park. Few properties have the presence & historic continuity
© 2021 Columbia Greene and Northern Dutchess MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gabel Real Estate. Data last updated: 2021-06-20T16:46:19.07.