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Investors seeking an entry-level multifamily asset will find this apartment building in Highland, New York, a functional addition to their portfolio. The property, situated at 38 Vineyard Avenue, contains two units suitable for residential rental income. Highland serves as a quiet residential enclave within the broader Hudson Valley region, benefiting from regional connectivity and a steady demand for local housing. The town maintains a consistent pace of growth, attracting residents who appreciate a suburban atmosphere while remaining accessible to larger employment hubs in the surrounding area. Small-scale multifamily assets in this submarket provide a stable vehicle for capital preservation and recurring income. Given the configuration of this building, it is well-suited for an investor looking for a manageable property that requires minimal overhead. The asset is positioned within a community characterized by its scenic surroundings and proximity to regional transit routes, making it a viable choice for tenants seeking reliable living accommodations in Ulster County.
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