A striking property! A gorgeous manor house set on three park-like acres with towering oaks and pines. Arrive via the long private drive that curves elegantly around the sweeping front lawn. A two-for-1 deal: House + 5 Unit Apartment. The Main House is a stunning 7+ bed / 5+ bed home with a commercial size kitchen, two large living rooms, library, office, and more. Original wood features are joined by three beautiful fire places. A great deal of the heavy lifting is done! A large percentage of the windows are New (wow), original wood floors are exposed and just waiting for rejuvenation, roof updated summer 2020, wood banisters/columns restored and glowing, basement has been reinforced with fabulous poured concrete flooring and edging. So much value!! The House shares a wall with the newer built apartment complex but each is a completely separate domain. Built in the 1960's the Apartment Building has 4, 1bed/1bath units and 1, 2bed/1bath. Each unit monitors its own heat and electric - nice an easy! Don't forget the Replacement Windows and a New Roof! See an immediate return on your investment! This is an opportunity within an opportunity. The Apartment Building grossing $33,000 per year on average. It is fully rented and will make you money from day one. Utilize the income to slowly restore the incredible main house. And most big ticket items are already done! Live there or live off-site, you pick! Restore it back to its roots as a luxurious family mansion or create an additional lucrative investment unit. The local rental market is booming! Or have you considered what an extraordinary Bed and Breakfast this could be? In an area rich in tourism, this historical home sits in easy reach of numerous tourist hotspots, state parks, and ski hubs. Hobart itself is an enchanting upstate NY town amidst rolling hills and valleys. Known as the Book Village' and sporting an active and charming community including the highly acclaimed Bull and Garland Restaurant' that pulls visitors up from NYC. An easy 2.5 hours! Opportunities like this don't come around often - don't let this one get away.
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