$475,000

234 Lakeshore Drive, Pleasant Valley, NY 12569

  • 4 beds |
  • 4 baths |
  • 3,420 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.58acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $139/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

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 retreats—including a covered front porch for one unit, a lower-level covered patio, and an upper-level terrace/balcony—presenting 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 Station—offering direct service to Grand Central Terminal—are 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.

Listing Status:
Active
Data Last Updated:
June 26, 2026 at 7:20AM
Listing Office:
Compass Greater NY, LLC : 914-752-8763
MLS ID:
1001702
  • General: Other
  • Basement: Full
  • Flooring: Wood
  • A/C: None
  • Heating: OilOther
  • Style: Colonial
  • Other Structures: DeckCovered
  • Parking: DrivewayOff StreetParking LotParking spaces: 4
  • Originating MLS: onekey2
  • School District: Arlington
  • County: Dutchess County
  • Zoning: 134400-6463-01-369713-0000
  • Utilities: Cable ConnectedElectricity ConnectedSewer ConnectedTrash Collection PrivateWater Connected
  • Water: WellPrivate
  • Sewer: Septic Tank
  • Source: onekey2

This listing courtesy of Compass Greater NY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location