River House Apartments

For Sale

101 Haviland Rd, Highland, NY 12528

This Highland property for sale is located at 101 Haviland Rd. The general use of River House Apartments is multi-family and it incorporates 13,530 square feet of class C multi-family space. Contact the listing broker for details on the current sale price for River House Apartments. River House Apartments is situated on a lot that is 2.16 acre in size.

Contacts

broker

Jeff Wright

Northeast Private Client Group

Property Details

  • Property Type Multi-Family
  • Property Size 13,530 SF
  • Units 12
  • Lot Size 2.16 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1975
  • Date Updated Aug 5, 2024
The River House Apartments is nestled on a picturesque lot, overlooking the Hudson River, between the Mid-Hudson Bridge and the Hudson River Walkway. Every unit has either an exterior patio or a private balcony overlooking the river. It is surrounded on the west side by the Franny Reese State Park While only 3 minutes by car to the Mid-Hudson Bridge, it is located in a secluded nook, surrounded by nature and away from local traffic. Tenants have all the conveniences and amenities of both Highland and Poughkeepsie just minutes away.Located at 101 Haviland Road, Highland, NY; The River House Apartments consists of twelve (12) units overlooking the Hudson River. The property has been owned and professionally managed by a large local operator for over 30 years and has just undergone major capital expenditures and unit renovations. 10 out of 12 of the units have been fully renovated, all of the balconies have been replaced, and new HVAC, new exterior stairs, and a new stone patio with a fire pit have been replaced in the last 3 years. All units now have an in-unit washer and dryer. Tenants are responsible for electric heating and cooling. By renovating the last two units and eliminating loss to lease to market rents, a new owner can increase the rent roll $33,000 annually. There is underutilized tenant storage space and an unused two-car garage, a new operator can maximize these additional income sources as well.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Turnkey Asset
  • Easily Attainable Value-Add Opportunity
  • Irreplaceable Real Estate
  • Significant Recent Cap Ex
  • Proximity to Employment and Transportation

Getting around

  • 20/100

    Walk Score ®

  • 22/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Highland, NY
  • Neighborhood Highland
  • Zip Code 12528
  • Market White Plains

Points of Interest

  • Reliable Taxi

    1.11 miles

  • West Dorsey Lane & Route 9 (CIA)

    2.80 miles

  • Stop & Shop

    3.35 miles

  • Galleria Food Court

    5.88 miles

  • Route 9 & Wenliss Terrace

    8.07 miles

  • New Hamburg

    8.30 miles

  • Sunoco

    0.75 miles

  • Speedway

    0.82 miles

  • Citgo

    1.16 miles

  • Mobil

    1.58 miles

  • Gulf

    1.80 miles

  • 7-Eleven

    2.56 miles

  • IBM Building 710 Charger

    3.12 miles

  • IBM Building 008 Charger

    3.78 miles

  • Tesla Supercharger

    6.66 miles

  • Poughkeepsie Metro-North Railroad Station

    0.64 miles

  • Poughkeepsie Station Parking

    0.65 miles

  • Hudson Valley Rail Trail

    2.27 miles

  • Morgan Lake Trailhead

    2.39 miles

  • Highland Park & Ride

    2.49 miles

  • Lot F

    2.59 miles

  • Lot A

    2.62 miles

  • Lot B

    2.70 miles

  • Lot E

    2.79 miles

  • Anton Plaza

    2.81 miles

  • Atlas Motor Lodge

    0.81 miles

  • Highland Motel

    0.90 miles

  • Poughkeepsie Grand Hotel

    1.16 miles

  • Ulster Inn

    1.31 miles

  • Americas Best Value Inn

    1.66 miles

  • Holiday Inn Express

    2.37 miles

  • SureStay Plus by Best Western Highland Poughkeepsie

    2.39 miles

  • Alumnae House

    2.77 miles

  • Courtyard Poughkeepsie

    2.77 miles

  • Inn at Bellefield / Hyde Park

    2.90 miles

  • The Warehouse Outlet

    0.78 miles

  • Hannaford

    0.84 miles

  • Tropical Fresh

    1.53 miles

  • Roy's Tropical & American Food Store

    1.79 miles

  • Alex Food and Grocery II

    1.80 miles

  • ShopRite

    1.91 miles

  • Casa Latina

    2.17 miles

  • Associated Supermarket

    2.19 miles

  • TJ Maxx

    2.98 miles

  • Marshalls

    3.07 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jeff Wright

Northeast Private Client Group