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Description

A Unique Village Compound / Investment Opportunity – An amazing possibility in the Heart of Cold Spring. An exceptional and rarely available offering: four adjacent properties creating a unique compound, investment portfolio, or redevelopment opportunity. Located on tranquil village streets just steps from shops, restaurants, hiking trails, and the commuter rail, this in-town cluster offers flexibility, scale, and long-term potential in one of the Hudson Valley’s most desirable communities. Properties included: • 3-unit residential rental building • The Stone House (4-bedroom renovation opportunity) • Charming single-family home with fireplace and porch • Kemble Avenue – Historic village home Together, these properties offer a rare combination of income-producing assets, renovation potential, owner-occupant housing options, and abundant parking—all within walking distance of everything Cold Spring has to offer. 24 Rock Street – Multi-residential Income Property A three-unit residential apartment building. Each unit offering two bedrooms, a large eat-in kitchen, living room, and in-unit washer/dryer. All units are separately metered with electric heat and hot water. The property includes attic and basement storage. The units are currently furnished offering flexible rental income streams with solid upside potential. 26 Rock Street – The Stone House (Renovation Opportunity) A four-bedroom stone home; gutted and ready for full renovation. Rich in original details and character including hardwood floors, staircase, doors, window frames, and exposed brick. Vaulted ceilings and a large backyard with fire pit complete this rare blank canvas. 28 Rock Street – Cozy Village Home with Fireplace A charming residence featuring an eat-in kitchen, dining room, working fireplace, and inviting porch. Includes original hardwood floors in the master bedroom, cedar-lined closet, full bath, and convenient village living. 11 Kemble Avenue – Charming Home with Expansion Potential A warm and historic home featuring original wood floors, spacious living room, eat-in kitchen, study alcove, and secluded backyard. The property also offers full basement storage, 200-amp service, and renovation / expansion potential. Compound Highlights • Four contiguous village properties • Strong income-producing components • Multiple renovation and value-add opportunities • Ideal for multi-generational living or investment strategy • Walkable to Metro-North, shops, dining, and Hudson River waterfront • Strong long-term rental and appreciation potential in Cold Spring • Abundant off-street parking This is a truly rare chance to assemble a village-scale compound in a tightly held market. Whether envisioned as an estate, live-and-invest setup, or long-term redevelopment play, this portfolio offers unmatched flexibility in a premier Hudson Valley location.