Priced to sell and delivered completely vacant! This four-family investment opportunity, located at 234 Lakeshore Drive in Pleasant Valley, offers immense value-add potential in a convenient and accessible Dutchess County location. Perfectly positioned for savvy investors, this vacant asset allows you to immediately begin strategic renovations to maximize your rental income and build substantial equity without tenant interruption. The property features private tenant parking alongside individualized outdoor retreatsincluding a covered front porch for one unit, a lower-level covered patio, and an upper-level terrace/balconypresenting a rare chance to elevate each unit with its own private, premium living space. The location offers exceptional transit convenience, situated just 2 minutes from U.S. Route 44 and under 7 minutes from the Taconic State Parkway for effortless travel to Westchester County, Albany, and the wider Hudson Valley. The Route 9 corridor, Mid-Hudson Bridge, and Poughkeepsie Metro-North Stationoffering direct service to Grand Central Terminalare all within a quick 15-20 minute drive Tenants will love the lifestyle convenience, with downtown Pleasant Valley’s local shops and dining just moments away. The property boasts unparalleled proximity to top-tier recreation and culture, including Freedom Park, the Walkway Over the Hudson, James Baird State Park, Millbrook Vineyards & Winery, and Mill House Brewing Company. It is also exceptionally well-located for student or faculty rentals, sitting near Vassar College, Marist University, Dutchess Community College, and the Culinary Institute of America. Set within the acclaimed Arlington Central School District and close to major medical and employment hubs, this property is an unbeatable opportunity to secure a strong, reliable opportunity to secure an excellently located-family asset.
| MLS # | 1001702 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 68 |
| Listing Provided By | Compass Greater NY, LLC | Joseph Lukic |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,420 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.58 |
| Cooling | None |
|---|---|
| Heating | Forced Air, Oil, Other |
| Interior Features | Other |
| Construction Materials | Vinyl Siding |
|---|---|
| Lot Features | Near School, Near Shops, Part Wooded |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Off Street, Parking Lot |
| Utilities | Cable Connected, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected |
|---|---|
| Sewer | Septic Tank |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 9000 |
| State | NY |
|---|---|
| County | Dutchess County |
| City | Pleasant Valley |
| Zip Code | 12569 |
| School District | Arlington High School |
| Elementary School | Traver Road Primary School |
| High School | Arlington High School |
| Listing VS Median (in 12569) | |
Price: $439,999 low | high Med: $485,000 sqft: 3,420 low | high Med: 2,263 $ / sqft: $129 low | high Med: $215 On site: 68 low | high Med: 89 | |
| State | NY |
|---|---|
| County | Dutchess County |
| City | Pleasant Valley |
| Zip Code | 12569 |
| School District | Arlington High School |
| Elementary School | Traver Road Primary School |
| High School | Arlington High School |
| Listing VS Median (in 12569) | |
Price: $439,999 low | high Med: $485,000 sqft: 3,420 low | high Med: 2,263 $ / sqft: $129 low | high Med: $215 On site: 68 low | high Med: 89 | |