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Serving Buyers & Sellers in Columbia County, NY

3191 Route 23, Hillsdale, NY 12529 (MLS# 20255422)


$1,200,000
3191 Route 23
Hillsdale, NY 12529
MLS# 20255422
6 baths  |  2880 sqft


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Property Description
Beautifully Updated 6-Unit Investment Property in Hillsdale, NY! A turn-key opportunity in the heart of the Hudson Valley, this fully renovated 6-unit apartment building offers modern efficiency and low-maintenance living for tenants and owners alike. Each unit features 2 bedrooms and 1 bath, with bright interiors, private screened porches, and comfortable layouts. Each unit has its own separate electric meter, electric hot water heater and electric heat. Cap rate at asking price when fully rented will be 9.70. Recent upgrades include a brand-new septic system, new municipal water service, and a freshly paved drivewayâ€''providing peace of mind for years to come. The exterior has been fully refinished with contemporary dark siding, crisp white trim, and bold red doors for a clean, modern aesthetic that stands out beautifully against the wooded backdrop. Located just minutes from the charming center of Hillsdale, this property offers excellent rental potential in a strong and steadily growing housing market near Catamount Ski Area, Great Barrington, and the Berkshires. Nestled in the scenic hills of Columbia County, Hillsdale blends small-town charm with outdoor adventureâ€''just over two hours from New York City. Residents and visitors alike enjoy hiking at Bash Bish Falls, skiing at Catamount, and exploring local cafés, farm markets, and art galleries in town. With its low-maintenance appeal, strong rental performance, and highly desirable location, this property makes an ideal addition to any investor's portfolio or a peaceful weekend retreat in the heart of the Hudson Valley.

Details
Documents
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: Hillsdale Chalet LLC
Owner Phone: 8453897895
Lease Considered YN: No
Current Price: $1,200,000
Original List Price: 1200000
List Price: $1,200,000
Status: Active
Listing Contract Date: 2025-10-31
Property Sub Type: Other
Location, Tax, and Legal
911 Address: 3191 Route 23
Township: Hillsdale
Zip Code +4: 5841
Neighborhood: Other
School District: Taconic Hills Central Schools
Elementary School: Taconic Hills Elem
General Tax: 3657
School Tax: 6250
Town Tax: 1115
Village Tax: 0
Tax Annual Amount: 11022
Tax Year: 2025
Assessors Full Market Value: 967742
Tax Assessed Value: 600000
Parcel Number: 146-2-23
Tax Lot: 23
Tax Block: 2
Tax Exemptions YN: No
Zoning: RU
Directions: From the traffic light in Hillsdale, head on 23 towards Great Barrington, on the left before Catamount. Entrance across from Breezy Hill Rd.
General Property Information
Number Of Units Total: 6
Lot Size Acres: 6.1
Lot Size Dimensions: Irregular
Accessibility Features YN: No
Year Built Details: Renovated in 2025
Waterfront YN: No
Parking Total: 12
Flood Plain YN: No
Frontage Length: N/A
Land Lease YN: No
Sign On Property YN: No
Disclaimer: Buyers Agent to verify taxes, and listing info.
Basement YN: Yes
Leasable Area Units: Square Feet
Rent Control YN: No
List Price/SqFt: 416.67
Bathrooms Total: 6
Living Area: 2880
Year Built: 1970
Remarks and Miscellaneous
Public Remarks: Beautifully Updated 6-Unit Investment Property in Hillsdale, NY! A turn-key opportunity in the heart of the Hudson Valley, this fully renovated 6-unit apartment building offers modern efficiency and low-maintenance living for tenants and owners alike. Each unit features 2 bedrooms and 1 bath, with bright interiors, private screened porches, and comfortable layouts. Each unit has its own separate electric meter, electric hot water heater and electric heat. Cap rate at asking price when fully rented will be 9.70. Recent upgrades include a brand-new septic system, new municipal water service, and a freshly paved drivewayâ€''providing peace of mind for years to come. The exterior has been fully refinished with contemporary dark siding, crisp white trim, and bold red doors for a clean, modern aesthetic that stands out beautifully against the wooded backdrop. Located just minutes from the charming center of Hillsdale, this property offers excellent rental potential in a strong and steadily growing housing market near Catamount Ski Area, Great Barrington, and the Berkshires. Nestled in the scenic hills of Columbia County, Hillsdale blends small-town charm with outdoor adventureâ€''just over two hours from New York City. Residents and visitors alike enjoy hiking at Bash Bish Falls, skiing at Catamount, and exploring local cafés, farm markets, and art galleries in town. With its low-maintenance appeal, strong rental performance, and highly desirable location, this property makes an ideal addition to any investor's portfolio or a peaceful weekend retreat in the heart of the Hudson Valley.
Status Change Information
Status Change Timestamp: 2025-10-31
Major Change Timestamp: 2025-10-31T18:10:44Z
Major Change Type: New Listing
Appliances
Electric Range: 1
Range: 1
Refrigerator: 1
Basement
Apartment: 1
Storage Space: 1
Walk-Out Access: 1
Book Information
Liber/Book: 980
Page: 1902
Section: 146.
Cooling
None: 1
Electric
100 Amp Service: 1
200+ Amp Service: 1
Exterior Features
Lighting: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Luxury Vinyl: 1
Wood: 1
Other: 1
Foundation Details
Block: 1
Heating
Baseboard: 1
Electric: 1
Separate Meters: 1
Road Surface Type
Paved: 1
Income and Expenses
Financials Available Y/N: Yes
Cap Rate: 9.7
Insurance Expense: 8448
Maintenance Expense: 4190.4
Monthly Income: 139680
Net Operating Income: 116447.71
Total Annual Expenses: 23232.29
Tenant Pays
Cable TV: 1
Electricity: 1
Telephone: 1
Current Use
Multi-Family: 1
Showing Requirements
Call Listing Agent: 1
Location Tax and Legal
Street Number: 3191
Street Name: Route 23
County: Columbia
State: NY
Zip Code: 12529
Town (Taxable): Hillsdale
Property Features
Appliances: Electric Range; Range; Refrigerator
Basement: Apartment; Storage Space; Walk-Out Access
Cooling: None
Current Use: Multi-Family
Electric: 100 Amp Service; 200+ Amp Service
Exterior Features: Lighting
Flooring: Ceramic Tile; Laminate; Luxury Vinyl; Wood; Other
Foundation Details: Block
Heating: Baseboard; Electric; Separate Meters
Road Surface Type: Paved
Tenant Pays: Cable TV; Electricity; Telephone
Showing Requirements: Call Listing Agent

Listing Courtesy of Berardi Realty
Listing Agent: Gregory Berardi

Information deemed reliable but not guaranteed.