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Discover an exceptional mixed-use investment property located in the absolute center of Rosendale’s vibrant Main Street corridor. 425 Main St offers versatile commercial and residential income streams, strong existing rent roll, and the rare opportunity to pair it with 423 Main St next door for a powerful investment package. This well-maintained building features one commercial unit plus three residential units, including an accessory dwelling unit behind the main structure. The first-floor commercial space is currently occupied by the seller’s family as a consignment shop, and can be delivered vacant—allowing an investor or owner-operator to set market rent or utilize the space for their own business. Total Monthly Residential Rent Roll: $4, 415 (excluding commercial space) All tenants pay their own electric and cable/WiFi. The owner covers heat, hot water, landscaping, water/sewer, and garbage. Annual Owner Expenses: Landscaping: $2, 100/year Central Hudson: $2, 044/year Heating Oil: $6, 700/year Garbage: $1, 777/year Water/Sewer: $1, 781/year Reliable long-term tenants, stable income, and immediate potential to increase returns by leasing the commercial storefront at market rates. Fully occupied residential units with strong payment history Commercial storefront can be rented for immediate additional income or delivered vacant Accessory dwelling unit adds unique and flexible rental potential Mixed-use zoning expands long-term investment opportunities Walkable location directly on Main Street in the heart of Rosendale Minutes to the Wallkill Valley Rail Trail, Minnewaska State Park, and Mohonk Mountain House. Step outside your door to enjoy cafés, restaurants, shops, the Rosendale Theatre, and all the amenities that make Rosendale one of Ulster County’s most sought-after small towns. The building sits just moments from outdoor attractions, hiking, biking, and some of the best recreation in the Hudson Valley.
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $500,000 | $500,000 | $500,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | $610 | $610 | $610 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,839 | $2,995 | $4,019 |
| Total Monthly Payment | $3,541 | $3,697 | $4,721 |
* 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.