New Listing - 04/04/2025
5 Pine Woods Road, Hyde Park, NY, 12538

1 beds
3 Full baths
1965
Colonial
Exciting Investment Opportunity in the Heart of Historic Hyde Park! Seize the chance to own a remarkable property that has been cherished by a local family for over 50 years. This versatile two-family residence, complete with a private 2 room office, presents endless possibilities for savvy investors. The upper level boasts a spacious one-bedroom apartment featuring original hardwood floors, a primary bedroom with two generous closets, and a tiled bathroom with a large linen closet. The eat-in kitchen is very spacious, equipped with a propane range, a walk-in pantry, and a new refrigerator. This unit currently houses a long-term month-to-month tenant, ensuring immediate rental income. On the main floor, you'll find a freshly updated studio apartment with newer flooring and appliances, ready for new tenants or guests. The street-facing office offers a private entry with a bright and inviting workspace, adorned with hardwood floors and a decorative fireplace. This area also includes a smaller 2nd office and a convenient half bathroom. Set in a charming vintage building, this property features character and charm, along with off-street parking for up to four cars. Additional street parking is available, and a shopping plaza is conveniently located just across the street. Don't miss out on this unique opportunity to invest in a prime location filled with potential! Building has newer roof and sewer piping. New boiler in basement. Office will be vacant in June. Please give a minimum of 48 hours showing notice. Please review floor plans. Fireplace does NOT work.. This property features a newer roof and updated sewer piping, ensuring peace of mind for future maintenance. The basement houses a brand-new boiler, enhancing the building's efficiency. The office space will be available starting in June, making it an ideal opportunity for new tenants. Please allow a minimum of 48 hours for viewing appointments and be sure to review the provided floor plans. Sited in the enchanting Hudson Valley, this location offers a vibrant lifestyle filled with vineyards, picturesque parks, scenic walking trails, antique shops, and charming cafes. Enjoy an abundance of culinary experiences with farm-to-table restaurants that celebrate local flavors. Embrace the perfect blend of convenience and charm in this thriving community! *must have a confirmed appoiment, prior to walking on property. Review all showing instructions.
Status:
Active
Type:
Single-family residential
Units:
3
Heating:
Oil, Other
Cooling:
None
Basement:
Partial, Unfinished
Parking:
5-car, Common, Driveway
Acreage:
0.13
Est. Taxes:
$10,509
Assessment
$165,200
Construction
Frame, Wood Siding
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Propane, Sewer Connected, Trash Collection Private, Water Connected
Lot Description:
Back Yard, Level, Near School, Near Shops
View Description:
None
Elementary School:
Netherwood
Middle School:
Haviland Middle School
High School:
Franklin D Roosevelt Senior Hs
School District:
Hyde Park
MLS #:
843971
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Houlihan Lawrence Inc. 845-876-4443