Exceptional Village Compound With Unique Investment Potential
15 Beds
8 Baths
6,416 Sqft
Updated: July 3
MLS#990116
About the Property
A Unique Village Compound / Investment Opportunity An amazing possibility in the Heart of Cold Spring. An exceptional and rarely available offering: four adjacent properties creating a unique compound, investment portfolio, or redevelopment opportunity. Located on tranquil village streets just steps from shops, restaurants, hiking trails, and the commuter rail, this in-town cluster offers flexibil
A Unique Village Compound / Investment Opportunity An amazing possibility in the Heart of Cold Spring. An exceptional and rarely available offering: four adjacent properties creating a unique compound, investment portfolio, or redevelopment opportunity. Located on tranquil village streets just steps from shops, restaurants, hiking trails, and the commuter rail, this in-town cluster offers flexibility, scale, and long-term potential in one of the Hudson Valley’s most desirable communities. Properties included: three-unit residential rental building The Stone House (four-bedroom renovation opportunity) Charming single-family home with fireplace and porch Kemble Avenue Historic village home Together, these properties offer a rare combination of income-producing assets, renovation potential, owner-occupant housing options, and abundant parking all within walking distance of everything Cold Spring has to offer. 24 Rock Street Multi-residential Income Property A three-unit residential apartment building. Each unit offering two bedrooms, a large eat-in kitchen, living room, and in-unit washer/dryer. All units are separately metered with electric heat and hot water. The property includes attic and basement storage. The units are currently furnished offering flexible rental income streams with solid upside potential. 26 Rock Street The Stone House (Renovation Opportunity) A four-bedroom stone home; gutted and ready for full renovation. Rich in original details and character including hardwood floors, staircase, doors, window frames, and exposed brick. Vaulted ceilings and a large backyard with fire pit complete this rare blank canvas. 28 Rock Street Cozy Village Home with Fireplace A charming residence featuring an eat-in kitchen, dining room, working fireplace, and inviting porch. Includes original hardwood floors in the master bedroom, cedar-lined closet, full bathroom, and convenient village living. 11 Kemble Avenue Charming Home with Expansion Potential A warm and historic home featuring original wood floors, spacious living room, eat-in kitchen,, study alcove,,and secluded backyard. The property also offers full basement storage,,two hundred-amp service,,and renovation / expansion potential. C compound Highlights Four contiguous village properties Strong income-producing components Multiple renovation and value-add opportunities Ideal for multi-generational living or investment strategy Walkable to Metro-North,, shops,, dining,,and Hudson River waterfront Strong long-term rental ,and appreciation potential in Cold Spring Abundant off-street parking This is a truly rare chance to assemble a village-scale compound in a tightly held market. Whether envisioned as an estate,,,live-and-invest setup,,,or long-term redevelopment play,,,this portfolio offers unmatched flexibility in a premier Hudson Valley location.
No one in New York City’s northern suburbs lists and sells more of the region’s prestigious properties than Houl
No one in New York City’s northern suburbs lists and sells more of the region’s prestigious properties than Houlihan Lawrence. Since 1888, we’ve offered unparalleled leadership in our markets by embracing innovation and building a team of talented market experts who know their communities best. Our regular participation in the area’s most significant transactions affords us a unique perspective towards marketing and selling luxury properties. Key to our success is our exclusive Private Brokerage program, dedicated global business development team and affiliations with the world’s top luxury real estate networks - a winning combination few other brokerages can offer. These extraordinary connections, combined with our personalized service, total discretion and hyper-targeted marketing, ensure we can meet the needs of discerning sellers and buyers from around the globe.
Houlihan Lawrence has branch offices with sales associates covering Westchester, Putnam and Dutchess Counties in New York and Fairfield County, Connecticut with an additional reach extending into the Bronx, upper Hudson Valley and Catskills.
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Last updated
July 3
First listed
Apr 30
Listing reference
0b6278ef-43be-11f1-850c-6045bdd61ac4
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