Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

375 Blumel Rd 4 Unit Apartment Building $1,590,000 ($397,500/Unit) Scotchtown, NY 10941

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Fresh Rennovation
  • Fifth apartment approved and under construction

Executive Summary

Located at 375 Blumel Road in Scotchtown, New York, this exceptional historic multi-family investment property offers a rare opportunity to own a fully restored income-producing asset in the heart of Orange County in New York's Hudson Valley. Originally constructed in 1787 and completely renovated in 2024, the property combines historic architecture with modern upgrades and strong income potential. The building spans approximately 5,600 square feet and features four renovated residential units, each thoughtfully designed with updated kitchens, modern bathrooms, and high-quality finishes while preserving the character of the original structure. Situated on 1.66 acres, the property provides a unique setting with generous parking, open space, and attractive curb appeal while remaining conveniently located near Route 17, Interstate 84, Middletown, and major commuter routes throughout Orange County and the Hudson Valley. In addition to the residential apartments, the property includes five rentable garage units, creating an additional income stream and increasing the overall versatility of the asset. These conditioned garage spaces can be used for storage, hobby space, workshops, or small business uses, making them highly attractive to tenants seeking flexible workspace or vehicle storage. Following the extensive 2024 renovation, the property offers a turnkey opportunity for investors seeking a multi-family rental property in Orange County NY, with modernized interiors, improved systems, and strong long-term income potential. With its combination of historic charm, modern renovation, multiple income streams, and prime Hudson Valley location, this property presents an outstanding opportunity for investors, 1031 exchange buyers, or those seeking a unique income-producing property in Scotchtown, NY. Financials available upon request.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,590,000
Price Per Unit $397,500
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.66 AC
Building Size 5,600 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1789/2024
Tenancy Single
Parking Ratio 0.89/1,000 SF
Zoning R2 - Zoned for 2 full year lease and 2 mid or short term lease. Zoned commercial

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Crown Molding
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Sprinkler System
  • Range
  • Wi-Fi
  • Built-In Bookshelves
  • Dining Room
  • Double Pane Windows
  • Family Room
  • Freezer
  • Handrails
  • Island Kitchen
  • Pantry
  • Wheelchair Accessible (Rooms)
  • Large Bedrooms

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - -
2+2 2 - -

Property Taxes

Property Taxes

Parcel Number
335200-024-000-0001-017.320-0000
Land Assessment
$8,900 (2024)
Improvements Assessment
$207,500 (2024)
Total Assessment
$216,400 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39693771

  • Date on Market: 3/6/2026

  • Last Updated:

  • Address: 375 Blumel Rd, Scotchtown, NY 10941

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}