9 Rock City Road, Woodstock, NY 12498

$3,295,000

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List Price
$3,295,000
Price Change
▼ $405,000 1783633273
Days on Market
165
MLS#
961667
Number Of Families
12
Status
ACTIVE
Lot Size
13939

Property Description

Welcome to 9 Rock City Rd, a rare opportunity to acquire a turnkey; high-income mixed-use building located directly in the heart of Woodstock, NY. The property offers immediate cash flow for the next owner from day one. The building consists of 12 total units, including eight residential units and four retail units with an option to utilize the separate cottage as a residential unit currently used as retail. All retail tenants are in place under leases, providing stable and predictable income, while the residential component is split between five units currently operated as short-term rentals and three units leased to annual tenants. With an opportunity to convert the remaining leased units to STRs presents a compelling value-add opportunity. This property already holds the proper license for Short Term Rental and is zoned to operate as a boutique hotel, giving it a significant competitive advantage in a market where short-term rental supply is limited complete is its own parking for up to 10 cars. Rock City Road is the premier mixed-use investment in one of HudsonValley's most sought-after destinations. With Woodstock's bustling art and cultural scene, Rock City Rd places you in the center of one of the most beloved communities in the Hudson Valley. The perfect opportunity to launch a business venture, this property truly delivers space, style, location and endless potential.

Additional Information

Stories
3
Total Taxes
29133
Heating
Hot Water
Parking
Off Street
Parking Spaces
11
Basement
Full, Storage Space, Walk-Out Access
Water
Public
Sewer
Public Sewer
Taxes
$29,133

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sheena Lepez (Sheena.M.Lepez@gmail.com) from Listing Office: Compass Greater NY, LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.