Don't miss this unique multi-unit investment opportunity in a highly desirable location with convenient access to Interstate 84 and the Taconic State Parkway.
The property features three separate living spaces, including a spacious two-bedroom main residence occupying the first and second floors, a one-bedroom basement apartment, and a detached two-bedroom cottage. The cottage is currently occupied and generating rental income, providing immediate cash flow for the next owner.
The main house and basement apartment are currently vacant, offering an excellent opportunity for an investor or owner-occupant to renovate and maximize the property's income potential. While the basement apartment will require updates, the existing rental income from the cottage can help offset carrying costs while improvements are made to the other units.
One of the property's standout features is the detached cottage's separate entrance, creating a private, stand-alone home feel that is highly attractive to tenants. The property also offers a generously sized yard and ample outdoor space.
Whether you're looking to renovate and reposition all three units for increased rental income or create a long-term income-producing asset, this property presents tremendous upside in a sought-after commuter-friendly location. First showings see the main house. This Property is being sold as is.
For sale
Price cut: $25K (8/6)
$570,000
109 Shenandoah Road, Hopewell Junction, NY 12533
7beds
--baths
--sqft
Triplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Generously sized yardSpacious two-bedroom main residenceAmple outdoor spaceOne-bedroom basement apartmentDetached two-bedroom cottage
- 96 days
- 756
- 63
Zillow last checked:
Listing updated:
Listed by:
Sams Realty 845-831-0344,
Anthony P. Hardisty 845-597-7509
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1016390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Heating
- Oil
Cooling
- None
Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer
- Basement: Walk-Out Access
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 1.82 Acres
Details
- Parcel number: 1328006456031413910000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Electricity Available, Electricity Connected
Community & HOA
Location
- Region: Hopewell Junction
Financial & listing details
- Tax assessed value: $340,500
- Annual tax amount: $8,239
- Date on market: 6/23/2026
- Cumulative days on market: 97 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $570,000-4.2% |
Source: | ||
| 6/23/2026 | Listed for sale | $595,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $340,500 +6.5% |
| 2024 | -- | $319,700 +6.1% |
| 2023 | -- | $301,400 +10% |
| 2022 | -- | $274,000 +12% |
| 2021 | -- | $244,600 +8% |
| 2020 | -- | $226,500 |
| 2019 | -- | $226,500 +6% |
| 2018 | -- | $213,700 +1% |
| 2017 | $5,205 | $211,600 |
| 2016 | -- | $211,600 |
| 2015 | -- | $211,600 |
| 2014 | -- | $211,600 |
| 2012 | -- | $211,600 -5% |
| 2011 | -- | $222,700 -10.6% |
| 2009 | -- | $249,000 -9.8% |
| 2008 | -- | $276,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 12533
Nearby schools
Schools provided by the listing agent
- Elementary: Gayhead
- Middle: Van Wyck Junior High School
- High: John Jay Senior High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




