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1441 Burlingham Road, Pine Bush, NY, 12566 | $349,999
MULTI-FAMILY DWELLING in Pine Bush awaits the perfect buyer who can bring it back to life. This oversized 1. 1 acre lot includes two separate buildings both with great potential for an investor to rent out all 4 units or for an owner occupied who is looking to run their commercial business out of their home and rent out the remaining units. The main building features a Commercial space which was once a Bar/Tavern with a restaurant. Approximately 1650 sq ft that features a commercial kitchen, bar, and dinning area along with a private event room and 2 bathrooms. The upper level offers another 1650 sq ft with 2 residential units one being a 1 bedroom & a 2 bedroom apartment both with an eat-in kitchen and a private bath. A spacious walk-up attic with plenty of storage space. The second building offers storage space in the 1st level that can easily be leased to the commercial tenant for "Additional storage space" or home office. The upper level offers another a 1 bedroom apartment with a kitchen, living room and private bath. The outdoors offers ample parking in the front and additional parking behind. The space in the back has potential for outdoor seating as the lot behind the fence area is ALSO included! 15 min ride to Middletown and major highways. Bring your hammer and imagination as once fully remodeled there can be 5 possible sources of income generating units!! Book your tour today!
Features
- Property Type: Multi Family
- Construction: Frame
- Utilities: Electricity Available, Electricity Connected, Propane, Trash Collection Private, Water Available
- Parking: 20-car
- Levels: 2
- Heating: Baseboard, Forced Air
- Cooling: None
- Units: 4
- Year Built: 1820
- Acreage: 1.1
- Est. Taxes: $7,853
- Lot Desc: Back Yard, Cleared, Corner Lot
- Elem. School: Circleville Elementary School
- Middle School: Crispell Middle School
- High School: Pine Bush Senior High School
- School District: Pine Bush
- MLS#: 814334
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/814334/1441burlinghamroad_pinebush_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1441 Burlingham Road, Pine Bush, NY, 12566
$349,999
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $279,999 | $279,999 | $279,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
| Monthly Tax Payment | $654 | $654 | $654 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,839 | $1,861 | $2,361 |
| Total Monthly Payment | $2,568 | $2,590 | $3,090 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535