Valley View Apartments is a 12 unit apartment complex located on a lovely scenic 12 acres in the Stone Ridge area town of Marbletown. The town of Marbletown is located in the heart of the Rondout Valley at the foot of the Catskill mountains. Stone Ridge is conveniently located to surrounding towns and villages a 10-20 minute drive to Kingston, Woodstock, High Falls and Rosendale. The property has 3 buildings built in 1992. Each building has (4) two bedroom one bath apartments. Each apartment has 2 bedrooms, 1 bathroom (tub/shower), living-room with a built in AC unit and an eat-in kitchen equipped with a refrigerator, stove and dishwasher. Sliding glass doors lead to a deck for outdoor enjoyment. The heat, hot water and cooking are electric. Each apartment has 5 thermostats to provide tenants with easy control of their heat usage. There are 3 handicap ground level apartments. Two of the buildings have 4 foot high cement crawl spaces. The third building has a full cement basement. Each building has its own septic and leach-field. There is a building that holds a 5500 gallon water retention tank fed by 3 wells on the property. A small shed houses the equipment for lawn care. Tenants pay all their own utilities. Landlord provides snowplowing, lawn care, garbage and water/sewer. The 12 acres has trails, plenty of woods to enjoy nature and a 24 hour security camera. A unique and tranquil investment property that is low maintenance and high income producing.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
