8 Old Whalesback Rd, Red Hook, NY 12571

Great investment, 8% net cap! This very profitable 8 unit income property is located in Red Hook directly across the street from Bard College, less than 5 minutes from the village, 5 minutes to Tivoli. Right off Route 9G and minutes to Route 9 this is a perfect location for students and commuters! This charming building sits way back on 2.1 very pretty acres with a wide driveway accessible from two sides, a large parking lot and easy street access. Each unit has a full bathroom and a full working kitchen. Keep it as is and continue to generate a nice profit. Or convert the ground level units into a bright, spacious home with a separate entrance and private outside porch space, while you continue to rent 5 units inside the separate lobby upstairs. Lots of potential!