Sending, please wait...
Own a piece of local history. This former Odd Fellows meeting hall in Arkville has been extensively renovated, but the unique character remains intact. The top story features soaring 11-foot ceilings and wainscoting throughout. Even the “peep hole” remains in the main entry door to the meeting space.
Today, the historic property features an approximate 1,300-square-foot, two-bedroom apartment on the top floor. There’s a full bath on the main level and a half-bath serving the loft bedroom. The true gem is the Great Room — a wide-open space with expansive ceilings and original pine flooring. The building’s original light fixtures have been rewired and fitted with dimmer switches to enhance the mellow vibe of the space. Sun-drenched views to the south are of the majestic Pakatakan Mountain.
The upper floor has its own washer and dryer, plus a dishwasher. The open kitchen has ample cabinetry and is perfectly suited for entertaining.
The first level has been turned into two apartments, each with nice-sized bedrooms and bathrooms. Both apartments are outfitted with a washer and dryer — very popular amenities for tenants.
Once a victim of longtime neglect, the structure was gutted in 2007 and all plumbing., electric and windows were replaced. The building was completely insulated, including spray foam in the basement. When new tenants move in, each apartment is repainted and maintenance is always kept up to date. Municipal sewer and water complete the picture. A new roof was installed in 2017.
Over the course of 14 years, the building has been fully rented, at good price-points, and has been a reliable income-producer. It’s an ideal investment for someone wishing to live on premises and have tenants offset costs. Or, simply continue the current use of the property as an income-generator.
The building is situated at the end of a town-maintained road and has off-street parking for up to six vehicles and only two miles to the bustling Village of Margaretville.
CALL/TEXT CHRISTINE @ 607-287-0424 FOR MORE INFO ON THIS INVESTMENT BEAUTY.