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762 Old Route 22
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily asset includes two separate duplex buildings.
- Property features four total two-bedroom rental units.
- The sale includes an adjacent vacant building lot.
- Investment is listed for an asking price of $899,000.
- Current performance metrics indicate an 11% cap rate.
- Located in the Amenia residential market of New York.
What's Special
Investors seeking a stabilized multifamily asset in Amenia, New York, will find value in this property consisting of two separate duplex buildings. The site currently provides four individual units, each featuring a two-bedroom layout, offering a functional configuration for rental demand. Situated at 762 Old Route 22, the parcel includes an adjacent building lot, which provides potential for future expansion or development within the Dutchess County market. The region remains a stable component of the Hudson Valley, characterized by its rural landscape and steady demand for residential housing. This investment currently presents an 11% cap rate for those interested in generating consistent rental income in a quiet, accessible submarket. Whether maintaining the current rental portfolio or exploring the possibilities allowed by the additional land, this asset serves as a practical addition to an existing residential holdings strategy.
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